-
Amaze Holdings (NYSE: AMZE) Executes Binding LOI to Acquire BullionFX | Alchemy, a Decentralized Gold-Backed Financial Ecosystem for Valued at US$155 Million
-
Vana Completes Expanded Staking as Part of the Vega Upgrade, Publishes Expanded VANA Token Economics
-
Clashes between French teens, police as school blockades intensify
-
Spain to cap gas price hikes, extend fuel discounts
-
Stocks move sideways despite oil moving lower
-
'We just need rain': Germany's Rhine river hits new low
-
African leaders to gather in Egypt for business summit
-
Yemen health system at 'breaking point': WHO
-
UK decides against charging foreign visitors for museums
-
Ireland undecided on second Israel match: coach
-
Dallaglio to sell England World Cup winners' medal
-
France's Le Pen defiant after top ally hit by antisemitism claims
-
Brazil come from behind to beat Australia 4-2 in friendly
-
Tom Cruise trades stunts for satire as toxic tycoon 'Digger'
-
Ruthless An retains Asian Games badminton crown as Kunlavut triumphs
-
MEXC Unveils "WE SEE YOU" Brand Visual Refresh, Putting People Behind Every Trade in Focus
-
Alonso to stay with F1 team Aston Martin in 2027
-
Thai capital cleans up after deadly floods
-
China badminton 'still strong' despite Asian Games slump
-
NATO, EU allies rally to Estonia after 'sabotage' blamed on Russia
-
'Exceptional' Turner painting shown in Rome before sale
-
Families demand justice for Cameroon's 'nightmare' wave of murdered women
-
European stocks climb as oil dips
-
Tebas says Man City should face 'most severe' sanctions if guilty of rule breaches
-
Spain aims to ban evictions until 2030 amid housing protests
-
Pochettino calls Man City success 'a period of deception'
-
Kunlavut first Thai man to win Asian Games badminton singles gold
-
Settler attack on West Bank village injures Israeli forces, drawing rare rebuke
-
French far right says antisemitism claims part of 'total war' to derail presidency bid
-
Mystery over UK airbase scare after reports no explosives found
-
'Gift from God': Rain brings relief from Indonesia toxic haze
-
Spanish govt races to adopt housing law under protest pressure
-
Ex-world snooker champion jailed for 7 years for child sex crimes
-
Estonia slams Russian 'sabotage' after arson attack on defence company
-
French teens clash with police as school blockades intensify
-
Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'
-
FIFA accuses UEFA of 'misinformation campaign' in bid for World Cup papers
-
'Like a dream' for An as Games organisers 'sorry' for latest mix-up
-
Myanmar airstrike toll hits 50 as families gather dead
-
Tokyo suffers longest streak of rainy days on record
-
STARTRADER Raises Lloyd's of London Client Fund Insurance to USD 30 Million in Aggregate
-
Indonesia charges train driver over crash that killed 16 women
-
North Korean DMZ landmine blasts 'violation of armistice': Seoul
-
Ruthless An makes history to retain Asian Games badminton crown
-
Sabalenka 'fresh' for first tournament since losing No.1 spot
-
Australian central bank lifts key interest rate to 15-year high
-
Myanmar airstrike death toll rises to 50: aid workers
-
Polo makes landfall in Mexico as Category 3 hurricane
-
North Korean DMZ landmine blast 'violation of armistice'
-
South Korea team latest to be bussed to wrong Asian Games venue
COP31 host unveils 'electrification' priority for climate talks
COP31 host Turkey urged countries Tuesday to join a voluntary push to make electricity account for 35 percent of global energy demand by 2035 as it announced its priorities for the UN climate talks.
The November summit in Antalya is taking shape as the Middle East conflict roils global energy markets, exposing fossil fuel importers to price spikes and supply shortages.
Boosting electrification could help insulate economies from fossil fuel price shocks and was "one of the key priorities" for COP31, incoming summit president Murat Kurum told delegates in Bonn.
Thousands of climate negotiators are gathering in the German city this week and next to lay the groundwork for the final decisions to be taken by political leaders at the summit due to start November 9.
Turkey said raising the global share of energy demand met by electricity from around 20 percent to 35 percent by 2035 would speed up the shift from fossil fuels to renewable power.
Kurum said COP31 organisers would "work to build a strong global coalition for this goal" in the months ahead.
The target is voluntary and does not require the approval of the nearly 200 nations that take decisions by consensus during the hard-fought UN-sponsored climate summits.
Every year, countries are encouraged by COP hosts to support non-binding pledges on a parallel "action agenda" that is separate to the formal negotiations.
Australia, which is steering the formal negotiations in a COP31 co-hosting arrangement with Turkey, said electrification could cut emissions and shore up energy security.
"I see them as different sides of the same coin. Electrification reduces the need for fossil fuels," COP31 negotiations chief Chris Bowen, who is also Australia's climate and energy minister, told AFP in an interview in Bonn on Monday.
On Tuesday, Bowen said he would "take inspiration" from Turkey's action agenda -- which also includes initiatives to reduce planet-warming methane emissions from waste -- into the negotiations.
- 'Deep contradiction' -
In simple terms, electrification means replacing technologies that burn fossil fuels directly -- such as gas heating systems and diesel vehicles -- with electric alternatives.
But for electrification to drive down heat-trapping emissions and tackle climate change, the extra electricity must come primarily from clean sources like solar and wind.
"Electrification can only deliver meaningful climate benefits if the power comes from renewables, not fossil fuels," said Duygu Kutluay, a campaigner at Beyond Fossil Fuels.
Alden Meyer, a veteran COP observer and E3G analyst, said it was crucial to boost electrification and "squeeze fossil fuels out of the electricity system at the same time".
"If you electrify and you increase coal, then what are you doing?" he told AFP in Bonn.
The electrification target unveiled by Turkey did not explicitly state how that extra power should be produced.
Around one-third of the world's electricity is still produced using coal, one of the most polluting sources of energy.
But in 2025 the share of global electricity generated using renewables overtook coal for the first time in 100 years, according to energy think tank Ember.
Berkan Ozyer, director of Greenpeace Turkey, said the electrification push "was a vital and highly welcome step".
But it was a "deep contradiction" that Turkey was leading this charge while keeping "37 active coal power plants running and leaving the door open for new projects at home", Ozyer said.
W.Moreno--AT