COP31 approaches with climate finance and just-transition details unresolved

Countries at COP30 agreed to triple adaptation finance for lower-income nations by 2035, but left the baseline, contributors and eligible funding undefined. COP31 delegates will discuss how to implement a “just transition” mechanism for people affected by the shift to cleaner energy. Turkey is pushing a target for countries to electrify 35% of their annual energy consumption by 2035.