Business coalition urges COP31 Presidency to close electrification implementation gap
The COP31 Presidency should make action to close the electrification implementation gap a defining test of this year’s climate summit, We Mean Business Coalition has urged, one week before governments gather in Antalya. Electrification is at the centre of COP31’s Action Agenda, with Türkiye and Australia backing a 35×35 ambition to raise electricity’s share of global final energy demand to 35% by 2035. We Mean Business Coalition (WMBC), a business action focussed climate non-profit, says the priority now is to turn that momentum into deployment. The implementation gap has been repeatedly identified in recent WMBC research. Without faster progress, countries are left more exposed to energy insecurity and volatile prices, while industrial competitiveness and investment suffer. Businesses fa…