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COP31 finance and justice
Climate justice and finance are at the top of the agenda at COP31 in Antalya, hosted by Türkiye from November 9 to 20, with Australia leading the formal negotiations. The conference will focus on turning pledges into action and accelerating emissions cuts. More than 90 heads of state and around 300 ministers are expected to attend, amid warnings that the world is nearing the 1.5°C global-warming threshold. According to the UN Environment Programme, developing countries will need about $305 billion a year by 2035 for adaptation and resilience-building. Even tripling international public finance for adaptation would cover no more than 29% of their needs.
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