The key facts

  • Norway has pledged to cut emissions by 70–75% by 2035 and become a low-carbon society by 2050
  • Norway, Canada and the UK are launching a partnership with $10 billion in climate finance by 2030
  • COP31 is taking place in Antalya from November 9 to 20

A call to speed up the energy transition

Norwegian Prime Minister Jonas Gahr Støre spoke at the COP31 summit in Antalya, urging partners to accelerate the energy transition by expanding electrification and increasing and improving access to renewable energy. The Anadolu agency reported this.

Norway's commitments and a new initiative

“We have the tools to reduce emissions — renewable energy and technical solutions for decarbonizing transport and industry,” Støre said, adding that industrial change is “both necessary and possible, and absolutely essential.” He pledged that Norway will cut emissions by 70–75% by 2035 and become a low-carbon society by 2050.

Climate finance and the ocean

The prime minister also announced the launch of a partnership between Norway, Canada and the United Kingdom, which will deliver $10 billion in climate finance by 2030, including mobilized private capital. According to him, the summit should also promote investment in power grids and storage systems, strengthen energy security and ensure the transition is inclusive, while COP31 should place the ocean at the center of climate action. The conference is being held in Antalya from November 9 to 20.