WTO: Brazil drives South American demands for agricultural reform (PRIV)
(D. Ravi Kanth, Geneva)
Brazil, along with several other South American countries, seemingly warned on 21 November that they cannot conceive of any positive outcome at the upcoming World Trade Organization's 14th ministerial conference (MC14) in Yaounde, Cameroon, in March next year without progress on agriculture, according to people familiar with the development.

Climate: COP30 ends with Belem Political Package amid last-minute drama (PRIV)
(Radhika Chatterjee and Meena Raman, Belem)
The COP30 climate talks in Belem, Brazil, concluded in dramatic fashion after running a day overtime, finally wrapping up late on 22 November. Following marathon negotiations, delegates adopted several key decisions, marking a tense and hard-fought finish to the talks.

Climate: COP30 secures breakthrough on a "Just Transition Mechanism" (PRIV)
(Hilary Kung, Belem)
COP30 marked a landmark victory for developing countries with the consensus to develop a Just Transition Mechanism (JTM).