COP31, the 31st annual United Nations climate change conference, will take place in Antalya, Türkiye from 9 to 20 November 2026. Chris Bowen, Australia's Minister for Climate Change and Energy, will preside over negotiations.
The flagship initiative of the COP31 Presidency's Action Agenda – unveiled by COP31 President-Designate Murat Kurum at midyear talks in Bonn in June and reiterated during London Climate Week – is a global electrification drive, with the goal of increasing the share of final energy demand met by electricity from just over 20% today to 35% by 2035.
Besides accelerating the clean energy transition, agenda items include food security, green industrialisation, making cities more climate-resilient, circular economy solutions to waste management and climate education.
Our team on the ground will be following developments to help our clients deal with the challenges and opportunites these issues present.
What happened at COP30?
While COP30 did not see any major breakthroughs in the official agreements reached, the Global Mutirão, which translates as "collective efforts", confirmed key themes relevant to business, including the deployment of private capital in both mitigation and adaptation, and the importance of trade.
In this briefing we unpacked the outcomes of COP30 in Belém, with a particular focus on what the negotiations mean for businesses, international climate financing and the voluntary carbon markets.
How is the new Article 6 carbon market mechanism developing in the run-up to COP30?
In this briefing, we take a look at what has already been achieved, and what potential buyers of Article 6 carbon credits will be looking for from UN bodies, governments and other stakeholders both inside and outside of COP as they navigate their way in these markets, and more broadly what opportunities there are now for private sector participation in the Article 6 carbon markets. Read more on how is the new Article 6 carbon market mechanism developing in the run-up to COP30?
Webinar: What happened at COP30?
Our panel drew out key outcomes and provided their perspectives on the implications for businesses, international climate financing and the voluntary carbon markets.
Watch
