Climate Finance Dominates COP31: UN Chief Says Even Tripling Adaptation Finance Would Meet Less Than 30 Per Cent of Needs
UN News reported on November 13, 2026, that climate finance dominated Friday's discussions at the COP31 UN climate conference in Antalya, Türkiye, as Secretary-General António Guterres warned that climate disasters were erasing decades of development gains and pushing vulnerable countries deeper into debt.
Speaking at his final COP press conference as Secretary-General before leaving office at the end of the year, Guterres said that even tripling adaptation finance would meet less than 30 per cent of what vulnerable countries need. An assessment highlighted at COP31 suggests annual climate finance could fall 840 billion US dollars short of the larger target on current trends, while a 10 billion dollar initiative aims to finance climate projects in emerging markets.
The COP31 Presidency has circulated a first outline of a possible political declaration, with climate finance and fossil fuels among the key unresolved issues. Demonstrators inside and outside the venue demanded that polluters pay and called for reforms to the international financial system, including debt cancellation. (Source: UN News)
Source: UN News
Published by GSM · USA (original Chinese edition)
Photo: 图：联合国大会堂内景（纽约总部）。照片：Basil D Soufi，CC BY-SA 3.0，经 Wikimedia Commons。 / UN General Assembly Hall in New York. Photo by Basil D Soufi, CC BY-SA 3.0, via Wikimedia Commons.
