• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it

2

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

3

The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families

1

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it

2

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

3

The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families
Commentaryclimate change
Asia

I went to COP30—and saw how the rest of the world is pushing climate action even as the U.S. steps back

By
Natalie Sum Yue Chung
Natalie Sum Yue Chung
Down Arrow Button Icon
By
Natalie Sum Yue Chung
Natalie Sum Yue Chung
Down Arrow Button Icon
November 28, 2025, 5:00 AM ET

Natalie Sum Yue Chung is the deputy convenor of the Youth and Capacity Building Sub-committee on the HKSAR Council for Carbon Neutrality and Sustainable Development. She is also a PhD researcher in climate policy at Princeton University, and the co-founder of V'air Sustainability Education, a Hong Kong-based sustainability startup. 

Indigenous people take part in a demonstration called "Indigenous People Global March" during the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 17, 2025.
Indigenous people take part in a demonstration called "Indigenous People Global March" during the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 17, 2025. Pablo Porciuncula—AFP via Getty Images
Add Fortune on Google for similar content.

I arrived in Belém, Brazil, and the United Nations Climate Change Conference COP30, hoping to see global unity against climate collapse. Brazil’s president had framed this conference, situated in the heart of the Amazon rainforest, as the “COP of Implementation” and, at times, the “COP of Truth.”

Two weeks later, I returned home after seeing international climate governance shift . The era of U.S. leadership on climate—even in a half-hearted form—is over, with Washington not even sending a delegation to COP30. Instead, climate work is getting picked up by everyone else.

This year’s COP30 moved away from having a big negotiated agreement as its outcome. Instead, delegates focused on implementation and the six-pillar Action Agenda: energy, industry, and transports; forests, ocean and biodiversity; agriculture and food systems; resilient cities, infrastructure and water; human and social development; finance; and technology and capacity-building.

By the conference’s end, parties agreed to a just transition mechanism and a gender action plan—yet the agreement lacked any mention of fossil fuels, thanks to strong opposition from Saudi Arabia and other petrostates.

Still impressive

COP30 is still impressive in its sheer scale. Climate negotiation is really two negotiations happening at once. Deelgates must both navigate the preferences of their domestic constituents, and also work with other states to reach an agreement.

Belém was also home to the inaugural ASEAN Pavilion, backed by the European Union and Germany, with the theme “ASEAN’s Global Mutirão—From Regional Solidarity to Global Action.” Beyond its role as an exhibition space, the pavilion showed that Southeast Asia is moving from a passive participant in climate discussions to an active agenda-setter with a coordinated and forward-looking approach. The pavilion also served as a platform to engage partners on shared climate goals, like mobilizing climate finance, scaling solutions and advancing a just transition.

This display of regional coordination was a marked contrast to the fractured official negotiations, which led to the deeply inadequate final Belém “Mutirão Decision.” The single cover text failed to include a formal fossil fuel phase-out roadmap and pushed the goal for tripling adaptation finance to 2035.

Panama’s climate negotiator Juan Carlos Monterrey complained that “a climate decision that cannot even say ‘fossil fuels’ is not neutrality, it is complicity”.

Instead, the most significant development emerged around the Just Transition Mechanism. The G77 and China, representing 134 member countries, rallied behind establishing what civil society dubbed the “Belém Action Mechanism (BAM).” Their goal was to translate the rhetoric of an equal transition into concrete action through finance, technology transfer, and capacity building.

Yet the proposal met immediate resistance. Developed countries, including the EU, the UK, and Japan, argued it was redundant. The resulting consensus watered down the BAM, leaving many from the Global South frustrated.

Mutirão

Amid the diplomatic gridlock, perhaps the real story of COP30 was happening outside the negotiation halls. The collaborative spirit of “Mutirão” (an indigenous word meaning “collective efforts”) was better demonstrated by civil society, the private sector, and academics.

I attended COP30 as part of the Council for Carbon Neutrality and Sustainable Development of the HKSAR Government. Officials from Hong Kong presented data showing how the city had reduced its per capita carbon emissions to just one quarter of U.S. levels by targeting power generation, energy saving, green buildings, green transport and waste reduction. The Hong Kong event’s keynote speaker, Gino Van Begin, secretary general of ICLEI, discussed how local governments can lead on climate action.

It was a jarring contrast, at times. In one room, I helped facilitate dialogues on coal phase-out plans and climate-resilient infrastructure, even as formal negotiations in another room were mired in procedural delays. The continued underfunding of climate adaptation and compensation shows the gap between local action and global gridlock: People are eager to move forward at the local level, but the actors with the resources to make things work—global players—are stuck.

This scramble for practical solutions extends to technology. COP30 debuted the Artificial Intelligence Climate Institute, meant to help developing companies. It’s another example of how a gap left by traditional leaders is being filled by new players.

What next?

When a fire broke out in the conference pavilions a day before COP’s scheduled close, the chaotic evacuation became an accidental metaphor for the entire event—and a system operating under intense pressure, but committed to continuing despite the obstacles.

What COP30 tells us is that the global climate movement is entering a new era characterized by decentralization and multipolarity. Subnational units, like cities, are moving forward without waiting for national consensus. While less developed and small island countries didn’t achieve their full vision for a Just Transition Mechanism a roadmap for fossil fuel phase-out, they successfully pushed the Global South’s demand that rhetoric about fairness were matched by pragmatic plans.

Climate politics may be fading in some national capitals. But climate action is moving elsewhere, to regional partnerships, in city halls, and across the global south—with or without American leadership.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

About the Author
By Natalie Sum Yue Chung
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

g
CommentaryVenture Capital
I watched enterprises buy AI that solved the wrong problem. So I left Dell and built a startup to fix it
By Ganesh PadmanabhanJune 19, 2026
23 hours ago
Samantha Gloede
CommentaryLeadership
Boards must avoid sleepwalking into the AI era. KPMG’s Global AI risk chief has a survival guide
By Samantha GloedeJune 19, 2026
24 hours ago
Piyush Patel
Commentaryshopping
Black Friday already sorted the winners from the losers. Your industry is next
By Piyush PatelJune 19, 2026
1 day ago
audrey
CommentaryInsurance
Aflac general counsel: Georgia lawmakers took a crucial step forward on sickle cell disease – but there’s more work to be done
By Audrey Boone TillmanJune 19, 2026
1 day ago
dario
CommentaryVenture Capital
Four AI giants just raised $188 billion. Here’s how to survive the Big AI-pocalypse
By Carl Fritjofsson and Cameron SellersJune 19, 2026
1 day ago
cj
CommentaryIBM
IBM’s $17 million DOJ settlement makes the case for civility
By Carolynn JohnsonJune 16, 2026
4 days ago

Most Popular

Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeJune 19, 2026
23 hours ago
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
Success
Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
By Orianna Rosa RoyleJune 18, 2026
2 days ago
The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families
Economy
The affordability crisis is so bad that, for the first time ever, both mom and dad are working full-time in most American families
By Jacqueline MunisJune 17, 2026
3 days ago
Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars
Success
Microsoft boss Steve Ballmer publicly dismissed Chrome as a 'rounding error'—but Google’s CEO says he used the jab as fuel to win the browser-wars
By Preston ForeJune 17, 2026
3 days ago
Exclusive: Azzi Fudd joins Project B, the international league chasing a billion-dollar opportunity in global basketball
MPW
Exclusive: Azzi Fudd joins Project B, the international league chasing a billion-dollar opportunity in global basketball
By Emma HinchliffeJune 19, 2026
21 hours ago
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
Success
The man who lived through the fall of the Soviet Union and helped wealthy Chinese move to Canada sees a familiar picture in America
By Nick LichtenbergJune 17, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.