Africa’s push to triple adaptation finance left off official COP31 agenda
African negotiators say the blocked proposal would leave no formal track to monitor a pledge to triple adaptation finance by 2035.
- On Wednesday, United Nations Secretary-General António Guterres addressed the COP31 World Leaders Summit in Antalya, Türkiye, demanding developed nations mobilize at least $1.3 trillion annually by 2035 to combat the climate crisis.
- After failing to reach consensus on Monday, the African Group of Negotiators' proposal to formally prioritize tripling adaptation finance was excluded from the COP31 agenda, leaving the issue to be discussed under existing items.
- Data reveals a widening funding gap: available adaptation finance reached only around $30 billion in 2024, far short of the $305 billion the United Nations estimates developing nations need annually through 2035.
- Criticizing industry influence, Guterres noted that the nine largest fossil fuel firms made $95 billion in quarterly profits, while the Loss and Damage Fund received only approximately $600 million.
- Dr. Antwi-Boasiako Amoah, chair of the African Group of Negotiators, told a press conference Tuesday that "it is important to set the better structures right for better implementation of the tripling of adaptation finance.
20 Articles
20 Articles
Africa’s push to triple adaptation finance left off official COP31 agenda
African countries’ proposal to triple adaptation finance has been left off the agenda at the UN climate summit, Cop31, under way in Antalya, Turkey. Wealthy nations pushed back against efforts to make it a formal, binding agenda item.
Treasury and Finance Minister Mehmet Şimşek spoke at the 'Global Finance Summit' session held within the framework of the 31st Conference of Parties (COP31) to the United Nations Framework Convention on Climate Change, hosted for the first time by Türkiye. He stated that the real challenge lies in finding the necessary resources to achieve these ambitious goals...
President Michael Randrianirina calls for greater climate finance, urges world leaders to make climate justice 'a collective responsibility'
At a time when the Antalya Summit, which brings together 102 leaders of the world ' s nations, is examining climate adaptation financing mechanisms, Somalis are suffering from drought and floods and are paying the price of a crisis that they have not caused.
Africa Day At COP31
[African Development Bank (AfDB)] WHAT: The Africa Day High-Level Side Event, at the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change (UNFCCC). THEME: "Securing Africa's Water: Unlocking the Continent's Climate Resilience Goals" WHEN/VENUE: Thursday 12 November 2026 (High Level Segment) _Africa Pavilion, Time: 14:00-16:30, and Saturday 14 November 2026 Blue Zone - (Ministerial Segment), Side eve…
Coverage Details
Bias Distribution
- 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
