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  1. COP31 Antalya summit addresses climate finance and energy transition
  2. Turkey is hosting the COP31 climate conference in Antalya, with geopolitical tensions impacting conference outcomes.

UNEZA reports $156B annual investment in global electricity grids at COP31

1 report, 1 independent Updated 00:00
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At COP31 in Antalya, the Utilities for Net Zero Alliance announced that its members installed over 21,000 kilometers of new electricity grids in 2025, a 50% increase compared to 2024. The alliance also reported that its combined annual investment plans for electricity grids, renewable energy, and storage have increased to at least $156 billion.

From tradearabia.com

Why it matters

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These commitments aim to mobilize more than $1 trillion in energy transition investments by 2030 and triple installed renewable energy capacity. The alliance formally backed the COP31 Presidency's ambition to achieve a global electrification rate of 35% by 2035.

Turkey is hosting the COP31 climate conference in Antalya, with key discussions including the tripling of adaptation finance targets.

From tradearabia.com

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Turkey is hosting the COP31 climate conference in Antalya, with geopolitical tensions impacting conference outcomes.

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