COP31: Climate finance falls short as calls grow for polluters to pay
19 hours ago
UN Climate Conference in Antalya, Türkiye.
From emotional appeals for climate justice to high-stakes negotiations over billions of dollars, finance dominated discussions at COP31 on Friday. UN Secretary-General António Guterres warned that even tripling adaptation funding for vulnerable countries would meet less than a third of their needs, as pressure mounted on wealthy nations and major polluters to pay their fair share.
Climate finance: Guterres calls for reforms to an international financial system he says is failing vulnerable countries.
New investments: A $10 billion initiative aims to finance climate projects in emerging markets.
On the ground: UN experts highlight support for disaster-hit communities, farmers and innovative insurance schemes.
Negotiations: COP31 Presidency circulates first outline of a possible political declaration, with climate finance and fossil fuels remaining among the key unresolved issues.
Some demonstrators held signs demanding that “polluters pay”. Others, dressed as chefs, offered a recipe for climate action: debt cancellation as the secret ingredient.
United Nations Secretary-General António Guterres addresses the media at the UN Climate Conference in Antalya, Türkiye.
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