UN climate negotiator warns fossil fuel prices fuel inflation at Cop31
The gist
UN climate chief Simon Stiell said fossil fuel price turmoil strained households and fed inflation at COP31.
The summit's electrification push faces EU members prioritizing cheap energy over climate pledges.
How it unfolded
- Nov 6, 2026France 24 reports host Türkiye will push an "electrification" drive at COP31 as the summit opens under the shadow of a cost-of-living crisis fuelled by war in the Middle East; more than 100,000 people are expected in Antalya.
- Nov 8, 2026Ahead of COP31, climate group 350.org raises a "Climate Justice, Now" banner at Antalya's Kaleiçi Harbor and notes five of the world's largest oil and gas companies had earned $56 billion in combined profits by the close of the third quarter.
- Nov 9, 2026COP31 opens in Antalya, running November 9 to 20, with Australia leading negotiations and Türkiye holding the presidency.
Key terms
- COP31
- The 31st session of the UN climate change conference under the UNFCCC, where parties meet to negotiate climate action.
- electrification
- The process of powering things by electricity, often by switching from an earlier power source.
- just transition
- A concept from labor movements for protecting workers' rights and livelihoods as economies shift to sustainable production.
Source: Wikipedia