UN's Guterres urges nations to adopt 'Climate Justice Compact' at COP31

Résumé détaillé

The UN chief calls for faster transition away from fossil fuels, greater climate financing and stronger protection for vulnerable countries to limit global warming.

UN Secretary-General Antonio Guterres on Wednesday called for a new “Climate Justice Compact” based on shared responsibility, urging nations at COP31 to accelerate the transition away from fossil fuels and mobilise large-scale climate financing.

“We need a new Climate Justice Compact, based on shared responsibility, shared security and shared benefits,” Guterres told the UN Climate Conference Leaders' Summit in Türkiye, stressing that all countries must meet their obligations under the principle of common but differentiated responsibilities.

The proposed framework rests on four pillars: accelerating a just transition away from fossil fuels, protecting vulnerable populations, ensuring adequate financing and prioritising cooperation over geopolitical divisions.

To keep the 1.5°C warming threshold within reach, Guterres said global renewable energy capacity must triple from 2025 levels by 2035, while unabated coal power must fall by at least 75 percent.

He urged developed countries to provide at least $300 billion annually by 2035 and proposed taxing windfall profits from major oil companies.

The nine largest companies earned $95 billion in the previous quarter, he said, calling for the proceeds to support vulnerable countries.

Guterres warned that climate disasters were “pounding lives, livelihoods and economies” worldwide, describing the current trajectory as a “path to mutually assured destruction”.

“Either plan this just transition, or pay for it in chaos and lost livelihoods,” he said.

Türkiye is hosting COP31, the UN Climate Change Conference, in the southern city of Antalya.

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