COP31. Cuts and climate financing at the center of the debate

The UN Climate Summit begins on November 9 in Antalya, Turkey, focusing on emission reductions and financing for developing countries. The conference will feature negotiations and an Action Agenda with ten priorities, including clean energy transition and food security. Goals for 2035 include increasing electricity's share in global energy consumption and reducing waste production. Turkey and Australia lead the summit, emphasizing emission reduction and climate adaptation funding. The summit also marks the second global stocktake of the Paris Agreement, assessing collective progress. Developing countries require significant funding for climate resilience, with current international financing falling short of needs. Reports indicate that even full compliance with national commitments would result in only modest emission reductions by 2035, necessitating more aggressive action to limit global warming.