BRAZIL CLIMATE TALKS
Thousands march in Antalya, calling out COP31's lack of climate ambition
Thousands of demonstrators marched peacefully from Aydin Kanza Park to Republic Square in central Antalya, expressing disappointment that while world leaders recognise that average global temperatures are set to increase by more than 1.5 degree Celsius, there is no plan on how to accelerate the transition away from fossil fuels, protect ecosystems and deliver the climate finance needed to make it happen and support communities to adapt.
Urgent climate finance pleas at COP31 face a non-urgent response
Poor nations are calling for urgent financial support to address climate-related disasters, yet responses are sluggish. Despite past agreements, funding to vulnerable countries has not met the required targets, causing severe delays. Geopolitical issues and rising military expenditures further divert attention and resources away from climate financing.
India seeks to triple clean energy capacity to 900 gigawatts by 2035, but major hurdles remain
India has announced an ambitious goal to install 900 gigawatts of clean energy by 2035. The government has approved nearly $20 billion to improve power grid infrastructure. Experts emphasize that grid enhancements are crucial for this energy transition. While coal remains a significant energy source, the shift toward renewables is essential. Meeting future demands will require integrated solutions for electricity generation and storage.
COP31: UN Chief Antonio Guterres warns climate crisis outpacing action
Antonio Guterres addressed world leaders at the climate talks in Antalya and highlighted urgent climate action needs. He stressed that emissions must be reduced, emphasizing the role of developed countries in supporting developing nations. Guterres outlined four essential pillars of a Climate Justice Compact during his keynote speech. He urged nations to transition from fossil fuels to renewable energy sources for sustainability.
World leaders urge stronger and faster action at UN climate talks over inadequate response
World leaders gathered in Turkey for COP31 to discuss effective strategies to combat climate change. Notably absent are leaders from major polluting nations, including the United States, China, and India. U.N. Secretary-General Antonio Guterres urged immediate action in his opening speech and suggested a framework for cooperation. Brazil's President Luiz Inacio Lula da Silva emphasized the need for global leadership on environmental issues.
World leaders begin talks as COP31 faces pressure to turn climate promises into action amid rising global warming
World leaders are gathering in Turkey for the UN climate conference COP31 amid mounting pressure to translate climate commitments into concrete action. The summit comes after a year of deadly climate-related disasters, stalled progress on fossil fuel reductions and growing concerns that global warming will exceed the 1.5°C threshold set under the Paris Agreement. Rising energy prices linked to the Iran war and the absence of the US delegation add to the challenges facing negotiations.
Global climate talks open with big questions, smaller goals
Climate negotiators from nearly 200 countries are attending COP31 in Antalya, Turkey, to address rising global temperatures and emissions. The summit will focus on achieving existing commitments rather than making ambitious new goals amidst geopolitical tensions and financial constraints.
World's largest climate summit COP31 opens as climate and geopolitical pressures mount
The UN climate talks are set to begin in Antalya, where rising temperatures create an urgent need for global cooperation. More than 100,000 attendees from nearly 200 countries are expected to discuss climate action and funding for developing nations. The ongoing geopolitical tensions complicate negotiations, especially regarding fossil fuel transitions. Additionally, developing countries are advocating for increased adaptation finance to combat climate impacts.
COP31 gives India an opportunity to shape climate action, build coalition of developing nations
COP31 in Antalya presents India with an opportunity to showcase its low-carbon transition and build common ground with developing countries. While New Delhi is expected to press developed nations for climate finance and resist new targets or fossil-fuel transition roadmaps, it can push for better financial flows and collaborative action.
Geopolitical tensions, climate finance and 1.5°C breach cloud COP31 negotiations
Kicking off in Antalya, the UN climate conference COP31 will tackle significant climate action issues. With around 160 matters on the agenda, delegates will discuss emission cuts and strategies for global adaptation. Political strains and economic challenges pose obstacles, but Turkiye and Australia are at the helm, advocating for actionable solutions and financial commitments for developing nations, striving for a unified decision on essential climate concerns.
Climate finance, trade likely to be on COP31 table
COP31, scheduled to occur in Antalya from November 9-20, will address significant climate finance and trade issues. Discussions include the funding developed countries owe to developing nations for climate change adaptation. The African Group aims to formalize financial support strategies and assess funding needs for climate initiatives. Additionally, proposals regarding the impact of climate-related trade measures on developing countries have been put forward.
How China's clean-tech machine is reshaping the global climate fight
In 2024, China took the lead as the top investor in global clean technology, directing $132 billion to developing nations to aid carbon reduction efforts. This unprecedented infusion of resources could potentially reshape the landscape of international climate finance.
World leaders who sparred with Trump express relief mixed with caution at Republican election rout
World leaders welcomed the Democrats' gains in the US midterm elections, hoping the setback for Donald Trump's Republicans could ease tensions over Washington's foreign policy. However, European and other allies cautioned that the results may not change Trump's approach to Iran, Ukraine, tariffs or NATO, as the president retains considerable freedom in foreign affairs.
Brazil offers road map to phase down fossil fuels, halt deforestation
Building on the decision adopted at the first global stocktake of the Paris Agreement at COP28 in Dubai in 2023, these seek to advance climate action, strengthen international cooperation and mobilise investment, while supporting economic development, energy security and people's livelihoods. "This is the last delivery of the COP30 presidency," said Ana Toni, chief executive of the 2025 round of the UN climate talks.
India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table
Prime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.
India set to meet 2030 green goals, but UN issues a global warning
India is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the global emissions gap, which needs urgent addressing to limit warming. Current policies may lead to a temperature rise of 2.8 degrees Celsius, indicating insufficient global commitment. However, India's actions stand out, with projects such as the Carbon Credit Trading Scheme showing promise.
ET Evoke: ‘Shipping, moving 80% world trade, is far more volatile than stocks,’ says Harvard University's Myrto Kalouptsidi
Myrto Kalouptsidi, Harvard professor of international economics, explains how shipping disruptions at chokepoints such as Hormuz, Suez and Ukraine can sharply reduce effective fleet capacity, trigger volatile freight rates and raise goods prices. She also discusses empty ships, global trade imbalances, China’s shipbuilding dominance and climate change risks to maritime infrastructure.
Electricity, cash and crises: what's on the COP31 agenda?
The upcoming COP31 conference in Antalya, Turkey, is gearing up to tackle pressing climate change and energy challenges. The negotiations will emphasize the importance of electrification to lessen the dependency on fossil fuels and mitigate emissions. However, the contentious issue of phasing out fossil fuels continues to provoke disagreement among nations.
US hiring appetite is healthy as economy powers ahead
The labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the unemployment rate holding steady at a low 4.1%. Promising economic data highlights strong consumer spending and substantial capital investments, painting a picture of economic resilience.
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