Pakistan, Nov. 23 -- The COP30 climate summit in Belem focused on rainforests, unlocking billions in new funding for forest conservation while hosting a record number of Indigenous delegates, though concrete commitments to stop deforestation were limited.

Germany pledged 1 billion euros to Brazil's Tropical Forests Forever Facility, boosting total contributions to nearly $7 billion, while European nations backed a $2.5 billion initiative to protect the Congo Basin, reflecting growing international investment in forest preservation.

Despite the financial pledges, negotiators dropped a proposed roadmap to end deforestation from the final agreement, leaving countries reliant on a voluntary plan to meet the 2030 zero-deforestation goal agre...