Description
Who pays for climate change? And can investing in climate action actually save people money?
Reporting from COP 31 in Antalya, Türkiye, hosts Laura Quiñones (UN News) and Arianna Flores Corral (UNU-EHS) explore the global climate finance gap, the growing burden of debt and what these challenges mean for people facing climate impacts.
As UN Secretary-General António Guterres warns that even tripling adaptation finance would meet less than a third of developing countries' needs, we examine the latest negotiations and the challenges of accessing climate funding.
From underinvestment in agriculture to innovative insurance helping farmers in the Pacific recover faster after disasters, we explore how climate finance can protect livelihoods and food security. We also discuss climate-related loss and damage, the Santiago Network's role in supporting developing countries and how renewable energy investments can save households money.
Plus, turtles, cats and an emotional farewell to António Guterres at his final COP as UN Secretary-General.
0:00 - Introduction & Finance Day at COP31
01:23 - António Guterres on Climate Justice & Debt
03:28 - The $1.3 Trillion Climate Finance Gap
04:28 - Lighter Moments: The Viral COP31 Cat
06:00 - Protests & Demands for Debt Cancellation
06:36 - Investing in Resilient Agriculture (FAO Interview)
12:12 - Parametric Insurance in the Pacific Islands
16:06 - Loss and Damage & The Santiago Network
19:03 - Why Climate Solutions Are Profitable
21:44 - Civil Society Bids Farewell to António Guterres
23:42 - Wrap-Up & What’s Next at COP31