The 29th edition of Climate & Finance captures a turning point in global climate governance. With COP30 in Belém, the focus has shifted from setting targets to delivering them, as execution rather than ambition has become the real constraint.

This shift is now embedded in finance. IFRS S2 is turning corporate transition plans and Scope 3 emissions into measurable financial risk, while new instruments from the Amazon reforestation bond to Brazil’s Tropical Forest Finance Facility are making forests and carbon removal bankable assets.