As COP30 approaches, accommodation prices in Belem, Brazil, are skyrocketing, leaving many attendees worried about affordability. The surge in prices is driven by a housing shortage and high demand. Even basic rooms with shared bathrooms are being listed for thousands of dollars per night.
Nine months ahead of this year’s annual U.N. climate summit, known as COP30 , lodging prices in the Brazil ian host city of Belem are turning heads—and may soon turn off would-be attendees from the first such meeting in the Amazon rainforest. With a shortage of housing and high interest, property owners and rental companies are feeling emboldened to charge five-digit rates, even for cramped rooms with shared bathrooms. On Booking.
com, one of the last available hotel rooms listed, a flat apartment, is going $15,266 for one person, up from $158 for the same category currently—a 9,562% increase. A 15-day stay during the conference in November would total $228,992, enough to buy a four-bedroom apartment in one of Belem’s top neighborhoods. On Airbnb, a room with a shared bathroom in Ananindeua, a poor city near Belem, is listed at $9,320 per day. A comparable room today could be rented for as little as $11 per day. In more upscale neighborhoods, renting an apartment that accommodates eight people costs up to $446,595 for a two-week stay. “This one scared me,” joked local architect and digital influencer Renato Balaguer about a dilapidated apartment listed at $10,000 for an 11-day stay. President Luiz Inacio Lula da Silva, who champions himself as a protector of the environment, has boasted about hosting the event in the Amazon, which helps regulate the climate by storing large quantities of carbon dioxide, a gas that causes climate change.
COP30 Climate Change Amazon Rainforest Brazil Belem Accommodation Housing Shortage Price Surge
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