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The Declaration of the Peoples’ Summit, issued in Belém in November 2025, asserts that the climate crisis is caused by the "capitalist mode of production" and the domination of "financial capital and large capitalist corporations." The document rejects "false solutions" and financialised programmes like the TFFF, arguing that the current energy transition follows a capitalist logic that fails to reduce greenhouse gas emissions. It demands a "just, sovereign and popular transition" based on the recognition of ancestral knowledge, the protection of indigenous lands, and the end of fossil fuel exploitation. The declaration calls for the redirection of military spending toward climate repair, the taxation of the wealthiest individuals and corporations to fund transition, and the establishment of a legally binding international instrument on human rights and transnational corporations.

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  • The document identifies the capitalist mode of production and the influence of financial capital and large corporations as the primary causes of the climate crisis and environmental problems.
  • The summit argues that the current energy transition is flawed because it operates under capitalist logic, allowing for capital accumulation without actually reducing greenhouse gas emissions.
  • The declaration rejects financialised climate finance mechanisms, specifically naming the TFFF as an inadequate response, and opposes the privatisation of common goods such as air, forests, water, land, minerals, and energy.
  • The document demands a shift in global finance, calling for the taxation of corporations and the wealthy to pay for environmental degradation and the removal of the IMF and World Bank from the administration of international climate financing to avoid deepening North-South inequalities.
  • The summit advocates for the protection of indigenous territories, the implementation of popular agrarian reform, and the creation of a legally binding international instrument to regulate transnational corporations regarding human rights.

Cite the original document

APA
Rowley, S. (2026). COP 30, Belm: Declaration of the Peoples Summit. World Association for Christian Communication. https://waccglobal.org/cop-30-belem-declaration-of-the-peoples-summit/
Chicago
Rowley, Saskia. COP 30, Belm: Declaration of the Peoples Summit. World Association for Christian Communication, 2026. https://waccglobal.org/cop-30-belem-declaration-of-the-peoples-summit/.
Wikipedia
{{cite press release |last1=Rowley |first1=Saskia |title=COP 30, Belm: Declaration of the Peoples Summit |publisher=World Association for Christian Communication |date=16 February 2026 |url=https://waccglobal.org/cop-30-belem-declaration-of-the-peoples-summit/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{rowley2026cop, author = {Rowley, Saskia}, title = {{COP 30, Belm: Declaration of the Peoples Summit}}, publisher = {World Association for Christian Communication}, year = {2026}, month = feb, url = {https://waccglobal.org/cop-30-belem-declaration-of-the-peoples-summit/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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