António Guterres says rich countries must deliver "at least $300 billion" by 2035 for climate action

At the COP31 World Leaders Summit in Antalya, Türkiye, on Wednesday, UN Secretary-General António Guterres pressed richer governments to take the lead in financing climate action in poorer nations. He pointed to the $300 billion annual target for 2035 agreed at COP29 and called for detailed schedules to meet it, including a goal to raise adaptation support at least threefold by 2035. Guterres also said the broader $1.3 trillion annual objective, drawing on multiple funding sources, needs to become money that actually reaches developing countries. He highlighted their higher borrowing costs and small share of clean-energy investment. The remarks came as leaders reviewed implementation of international climate commitments during the 9–20 November conference.