Manama: Brazil on Monday opens three weeks of events linked to the COP30 climate summit, hoping to showcase a world still determined to tackle global warming.
According to Bahrain News Agency, business leaders meeting in Sao Paulo are pushing for stronger policies for financing the energy transition, with an open letter on Monday asking governments "urgently" for incentives to adopt renewable energy in lieu of fossil fuels.
"It's a recognition from the business groups of the importance of multilateralism and the importance of raising ambition," said CEO Maria Mendiluce of the We Mean Business Coalition, which coordinated the letter from 35 groups representing 100,000 companies. In Rio de Janeiro on Monday, mayors, governors and other subnational leaders will attend a Local Leaders summit.
Separately, Britain's Prince William will preside over a ceremony in Rio for his annual Earthshot Prize recognizing contributions to environmentalism over the last year.