Eco-Business reports on the world’s biggest climate conference where negotiators and leaders convene at a critical moment for global transformative action to tackle an existential crisis.
Though smaller than those of China, India and Indonesia, the COP31 hosts’ coal expansion plans raise questions about their credibility ahead of the November summit, according to a new report by nonprofit Urgewald. Previous hosts have faced similar scrutiny over their fossil fuel policies.
The voluntary Antalya Pledge asks governments and companies to disclose data centre energy use and shift to renewables, as US and Chinese AI build‑outs are set to drive most of this decade’s extra electricity demand.
Ahead of COP31, experts say ocean solutions and capital exist, but better financial architecture is needed to prepare and bundle projects, then match them with the right mix of blended finance.