The EU will make no new climate finance commitments at COP31, climate commissioner Wopke Hoekstra said, calling more pledges "dead in the water" as soaring fuel and gas prices strain EU budgets and subsidies. #COP31#ClimateFinance#EU#Energy
COP31 host Turkey says NATO nations should spend "much more" on climate than defense. President-designate Murat Kurum wants funds beyond the 5% of GDP defense goal for 2035, calling climate "the security issue itself." #COP31#Climate#Energy
The IEA says electricity could reach 33% of global final energy consumption by 2035, up from 23% today. COP31 leaders want to push that to 35% as energy-security concerns accelerate electrification. #Energy#Electrification#COP31#Power