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World leaders press for urgent climate finance and emission cuts on third day of UN summit

Reported by Varun Krishnan (Senior Writer) · The Guardian - Environment ·

Verified — Confirmed by a second source: The Guardian - Environment

Confirmed by a second source: The Guardian - Environment

Important
World leaders press for urgent climate finance and emission cuts on third day of UN summitPhoto: Wikimedia Commons

UPDATE - follow-up to Cop31 live: 'Fossil fuels must go the way of the dinosaurs' - UN chief hits out at industry lobbying: World leaders addressed the third day of UN climate talks, where outgoing UN chief António Guterres urged nations to speed up emission cuts and dismantle powerful industry lobbies.

Global Leaders Speak

Norway, Canada, and the UK launched a joint plan to raise 10 billion dollars in climate funds by 2030. Eswatini Prime Minister Russell Dlamini stated that 20 percent of his country faces severe food shortages due to a major El Nino event. Barbados Prime Minister Mia Amor Mottley demanded debt pause clauses for natural disasters in all international loans, noting that global warming ignores politics. Leaders from Botswana, the Kyrgyz Republic, Iran, the Democratic Republic of the Congo, Micronesia, and Palau also pressed for stronger financial aid and environmental protections.

Human Impact

Amid the high-level speeches, personal stories highlighted the crisis. A London teacher named Gill suffered a seizure from heat exhaustion inside a poorly ventilated 30-degree classroom during the record-breaking summer heatwave.

Context

These speeches at the ongoing UN climate summit highlight the growing friction between developing nations facing severe weather impacts and wealthy industrial economies lagging on financial aid. Island nations and smaller states continue to warn that delayed action threatens their very existence.

Background: This follows an earlier report, covered earlier on 11 Nov 2026: 'Cop31 live: 'Fossil fuels must go the way of the dinosaurs' - UN chief hits out at industry lobbying'. Read the earlier report →

ExplainerWhy this matters

What Happened

Global leaders gathered for the third day of UN climate talks, debating financial aid commitments and carbon reduction targets while facing calls to phase out carbon-heavy energy sources.

Why It Matters

Developing and island nations argue that current funding falls far short of what is required to survive escalating climate disasters, making debt relief and direct financial support matters of basic survival.

What Happens Next

Delegates will continue a packed schedule of speeches and closed-door negotiations over the coming days to hammer out formal agreements on emission timelines and adaptation funds.

Read more at The Guardian - Environment →