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COP31: Betting on electricity to break the climate deadlock

COP31: Betting on electricity to break the climate deadlock

Summary

COP31 is meeting in Antalya, Turkey, from November 9 to 20, against a backdrop of energy supply concerns linked to conflict in the Middle East and rising fossil-fuel prices. Australia and Turkey, which are co-chairing the summit, have proposed a target for electricity to supply 35% of final energy consumption by 2035, as part of efforts to cut emissions and reduce reliance on fossil fuels.

Key Facts

  • The conference is the 31st UN climate Conference of the Parties.
  • The Paris Agreement set a goal of limiting global warming to 1.5°C.
  • A UN report published on October 21 said warming could reach 2.8°C by 2100 if policies do not change, or 2.6°C if countries continue their current efforts.
  • COP28 participants agreed in 2023 to begin a transition away from fossil fuels.
  • COP30's final text did not mention the transition away from fossil fuels, according to the article.
  • Australia and Turkey presented the proposed “35-35” electricity target during preparatory talks in Bonn in June.
  • The proposal would make electricity account for 35% of final energy consumption by 2035.
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