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Fossil Fuels and Climate Finance Top COP31 Agenda

Governments meet in Antalya from 9 to 20 November to discuss how to move away from fossil fuels and close the funding gap for countries adapting to climate change.

Updates

  1. News: Turkish villagers urge COP31 leaders to witness the environmental devastation caused by coal mining and energy production (Reuters)

The summit: Turkey hosts COP31, while Australia leads the negotiations. Heads of state and government meet on 11 and 12 November

Fossil fuels: Brazil’s outgoing COP presidency published a voluntary roadmap on 3 November. It calls for fossil fuel production and demand to fall as clean energy expands

Adaptation finance: Developing countries received $28.2–31.7 billion in international public adaptation finance in 2024. The UN Environment Programme estimates they will need around $305 billion annually by 2035

EU position: The EU will press governments to implement their national climate plans, accelerate the shift away from fossil fuels and expand the use of clean electricity

Sources: Council of the EU, COP30 Presidency, UNEP, UNFCCC

Transparency Note: AI-assisted. Reviewed by the Briefing Team.

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