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COP31 in Antalya: finance, 1.5C overshoot and a 35% electricity goal

COP31, cohosted by Turkey and Australia in Antalya through Nov. 20, is focused on climate finance and a voluntary electrification target as UNEP and WMO said 1.5C overshoot is likely, MIT Technology Review and Hindustan Times reported.

What's new
  1. New headline Was: “COP31 opens in Turkey with finance, electrification and 1.5C in play”
  2. Our desk updated its story
  3. MIT Tech Review, RTE News and 2 more are now reporting this
  4. New headline Was: “COP31 opens in Antalya as 1.5C limit slips, WMO cites record heat”
  5. Our desk updated its story
3 earlier updates
  1. Arab News is now reporting this
  2. Al Jazeera is now reporting this
  3. Reuters is now reporting this
When climate disasters strike, vulnerable countries need timely help and finance that does not deepen their debt. — Shehbaz Sharif

The United Nations climate conference known as COP31 is underway in Antalya, Turkey, with Turkey hosting and Australia leading negotiations through Nov. 201,5,8.

MIT Technology Review said the talks opened Nov. 8 as governments debate how to pay for emissions cuts and adaptation and whether fossil-fuel language returns to a final text1.

A September UN Environment Program report said warming is set to exceed the Paris Agreement’s 1.5C goal, likely within a few years1. The World Meteorological Organization’s opening-day update, as reported by Hindustan Times, put January–September 2026 about 1.47C above pre-industrial levels and said 2023–2026 were the four hottest years on record8. RNZ said the WMO forecast that 2026 would rank among the four warmest years6.

Two years ago, parties set a goal of mobilizing $300 billion a year by 2035; the OECD put 2024 flows from rich nations at $136.7 billion1,8. Hindustan Times said a Climate Finance Work Programme reached the agenda after overnight talks involving the African Group8. Australia’s climate minister, Chris Bowen, who is president of negotiations, said countries that need finance most often receive it least6,8.

Pakistan Prime Minister Shehbaz Sharif on Thursday called for grant-based finance so disasters do not deepen debt, plus larger adaptation funds2. He said the 2022 floods killed more than 1,700 people and caused more than $30 billion in losses2. Nepal lawmaker Sagar Dhakal told the opening session a glacier collapse killed about 10,000 people in 10 minutes and erased about 10% of Nepal’s GDP, Hindustan Times reported8.

Dawn reported that Guterres told leaders the climate crisis was outrunning the response2. RTE said several G7 leaders were not scheduled to speak and that the EU has stressed any electrification push must be clean3.

Hosts are promoting a voluntary pledge to raise electricity’s share of global energy use to 35% by 20351,3,7,8. Politico Europe said the current share is around 20% and that three diplomats reported the 27 EU governments had agreed to back the pledge, which as unveiled in September did not require the electricity to be clean7. MIT Technology Review put today’s share near 23%1. Pakistan said it supports the 35-by-35 pledge2.

Dawn said the United States skipped the talks for a second year after withdrawing from climate cooperation2. MIT Technology Review likewise called this the second COP without a formal U.S. delegation1.

Climate activist Greta Thunberg, attending her first COP since 2021, called the process hypocritical and said host countries use it to whitewash themselves4. COP32 is scheduled for Addis Ababa in November 20274.

Sources

  1. MIT Tech ReviewWhat to know about this year’s UN climate talks
  2. DawnAt COP31, PM Shehbaz calls for grant-based finance, resilience funding for climate-vulnerable countries
  3. RTE NewsWorld leaders take stage at COP31 but big names missing
  4. Al Jazeera‘Everything and everyone we love is at stake’: Thunberg slams COP31 talks
  5. ABC News AustraliaCOP31 summit targets major electrification push as 1.5C goal slips away
  1. RNZCOP31 opens in Türkiye as global temperature flirts with 1.5°C line
  2. Politico EuropeEU to back COP31 electrification target
  3. Hindustan TimesRecord global heat, rising climate risks, finance tensions dominate COP31 day one
  4. APWorld leaders begin talks at UN climate conference amid concerns that actions are inadequate, slow

How it’s being reported

9 sources
MIT Tech ReviewDawnRTE NewsAl JazeeraABC News Australia