🌎🌿🤝 Brazil’s COP30 Pushes For Stronger Global Climate Governance To Accelerate Action 🔹 Summary: Brazil, host of November’s COP30 summit in the Amazon, has called for new global climate governance mechanisms to help countries turn Paris Agreement pledges into real emissions cuts, proposing a potential U.N. Climate Council. The proposal aims to shift focus from negotiating new promises to creating effective systems that drive rapid implementation, data sharing, and coordinated climate action. 🔹 Key Points: • Brazil’s COP30 presidency says current climate frameworks lack the muscle to enforce implementation. • President Lula previously floated creating a U.N. Climate Council to strengthen global coordination. • COP30 marks the 10th anniversary of the Paris Accord, yet warming is still on track for ~2.6°C. • The Brazilian proposal suggests the U.N. General Assembly (not COP30) as the forum for debate. • Immediate outcomes are unlikely, but Brazil is pressing world leaders to back governance reform. @CMEActiveTrader Tickers Of Interest: $CL $NG $6C $6J Tickers Of Interest: $USD $BRL $EUR $DXY $XLE $ICLN $SPY $QQQ $VDE $TAN $FSLR $ENPH $TSLA $RIO $VALE