COP31 Presidency announces new targets on global electrification, cutting waste, resilient cities; press conference transcript

At the UN June Climate Meetings in Bonn, the incoming COP31 Presidency of Türkiye announced new climate targets as part of its Global Climate Action Agenda launch. The targets include raising the share of final energy demand met by electricity to 35% by 2035, halving global waste growth by 2035, and reducing energy consumption intensity in the building sector by at least 25% by 2035. These targets are part of a framework for implementation to accelerate climate action and address the critical period the Earth is facing due to the climate crisis. The focus is on turning climate commitments into tangible actions through collaboration, dialogue, and effective implementation, with an emphasis on supporting countries in turning their climate goals into investable projects and ensuring that climate finance reaches the ground quickly and effectively. The ultimate goal is to move from dialogue to results in addressing the global challenge of climate change, with a strong emphasis on electrification, renewable energy, and transitioning to a circular economy to drive faster and fairer progress in combating the global climate crisis.

https://unfccc.int/news/cop31-presidency-announces-new-targets-on-global-electrification-cutting-waste-resilient-cities