As the global climate agenda moves from pledges to implementation, COP31 in Türkiye will be a defining moment for advancing a just and equitable energy transition. Building on the outcomes of the UNFCCC COP30 in Belém, Brazil, and the first Global Stocktake, negotiations in 2026 are expected to focus on accelerating the deployment of clean energy, strengthening energy security, and enhancing resilience to the impacts of climate change.
Momentum continues to build around efforts to transition energy systems toward cleaner and more sustainable sources. Key priorities include increasing electricity’s share of global final energy consumption from just over 20% today to 35% by 2035 ("35x35"), tripling renewable energy capacity, and doubling energy efficiency improvement rates by 2030. Supporting this implementation agenda, 57 countries reaffirmed their commitment to accelerating a just energy transition at the First International Conference on Transitioning Away from Fossil Fuels in April 2026. As governments increasingly connect energy security, economic development, and climate goals, support for these targets continues to grow. As UN Secretary-General António Guterres stated during the 2026 London Climate Action Week, “the renewables revolution is well underway.”
At COP30, 195 parties adopted the Belém Package, which established the first dedicated just transition mechanism, advanced guidance for the Global Goal on Adaptation, and outlined a pathway toward mobilizing USD 1.3 trillion annually in climate finance by 2035. Complementing these outcomes, the Mutirão Decision introduced implementation-focused initiatives, such as the Global Implementation Accelerator and the Belém Mission to 1.5°C, to support countries in delivering their NDCs and NAPs. In June 2026, the Brazilian COP30 Presidency also advanced a roadmap to support the transition away from fossil fuels in energy systems in a just, orderly, and equitable manner.
Financing this transition remains critical, particularly for emerging markets and developing economies working to modernize grids, deploy storage, expand renewable energy, and strengthen energy efficiency. As climate impacts intensify and global energy demand continues to rise, COP31 presents a key opportunity to translate the Belém outcomes into action.