Ahead of COP30 in Belem, Brazil, lodging rates are drastically increasing due to high demand. Property owners are charging excessively for minimal accommodations, threatening to limit attendance at this significant climate summit in the Amazon.
As the annual U.N. climate summit, COP30, approaches, the host city of Belem, Brazil, is experiencing skyrocketing lodging prices. With the event taking place in the Amazon rainforest, there is already a significant demand for accommodations. Property owners and rental companies are setting exorbitant rates, leading to costs soaring into five-digit figures, even for basic rooms that share facilities.
COP30 is the 30th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change. With Brazil’s Amazon serving as a backdrop, this year’s summit holds particular importance for environmental discussions. The influx of attendees has created a housing shortage, prompting sharp increases in rental prices, which may deter participation in the climate dialogues.
The skyrocketing prices for accommodations in Belem ahead of COP30 highlight the challenges surrounding the summit. The combination of high demand and limited housing options is resulting in significantly inflated rates, which could impact attendance at this crucial climate event.
Original Source: www.heraldbulletin.com
