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Brussels, 12 June 2025 As the UNFCCC’s Subsidiary Bodies (SB) meet in Bonn for the June Climate meetings (SB 62) from 16 to 26 June 2025, the world is watching to see how countries respond to the alarming contrast of rising climate injustices, and stalled progress on climate finance and ambition. This mid-year session sets the tone for the COP30 negotiations in November in Belém, Brazil, and holds real consequences for global climate equity, finance reform, and fossil fuel phaseout. A test of EU climate credibilityWith SB 62 taking place on the eve of the expected announcement of the EU’s Nationally Determined Contribution (NDC) and 2040 climate target (scheduled 2 July) – the global community waits with bated breath to see how ambitious it dares to be. Low ambition from the EU at this stage risks stalling progress, harming vulnerable communities and signals retreat in the face of escalating climate impacts and attacks against multilateralism. As a crucial actor in international climate diplomacy, the EU must act with vigour now in multilateral cooperation to rebuild trust, avoid emboldening climate laggards and uphold the goals of the Paris Agreement. This is a defining moment to reaffirm what Europe stands for in the world. Europe must champion a vision rooted in the rule of law, human rights, and effective decarbonisation to support a just and fair transition for people in Europe, and world wide. The road to Belém goes through BonnThe negotiations in Bonn are a critical test of whether countries will act on the Global Stocktake’s political signals and commit to higher ambition in their updated NDCs in line with the emission reduction pathways identified for the 1.5°C limit, according to science. Negotiators must also ensure that there will be space at COP30 to deal with the expected gap from countries’ collective NDC ambition, and to close it further. Without joint ambition, global justice is hollow. The promise to align all financial flows with climate goals (Paris Agreement Article 2.1c) remains unmet. Bonn offers a key opportunity for countries to move forward discussions on shifting public and private finance away from fossil fuels and towards climate-resilient, equitable alternatives, and build momentum for action at COP30. Progress should also be made on the “Baku to Belem Roadmap to $1.3 Trillion”, the new climate finance goal decided at COP29 to support Global South countries. Routes to scale up public climate finance will be key. Financing for DevelopmentEurope’s choices, in both Bonn and at the upcoming Financing for Development (FfD4) conference in Seville (30 June to 3 July, 2025), must confront the structural barriers holding back climate action in the Global South. Sovereign debt and tax injustice are locking countries into fossil dependency and pushing 1.5°C out of reach. The EU must lead in championing debt relief and scaling up climate finance. This must be coupled with international tax reform and making progress with other countries on new wealth and fossil fuel profit taxes, whilst also phasing-out fossil fuel subsidies. If Bonn and FfD4 fail, COP30 inherits a crisis of credibility. Spokespeople Available for Interview
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For more information and media requests: Tomas Spragg Nilsson, tomas.spraggnilsson@caneurope.org, +46 707 65 63 92 |
