The COP31 Presidency has launched a global pledge to raise electricity's share of final energy consumption from 23% to 35% by 2035. Announced at the UN Climate Summit in Turkey, the initiative aims to electrify transport, buildings and industry. According to the Presidency, the target supports efforts to improve energy security and limit global warming to 1.5°C.

Antalya, Nov 10: The COP31 Presidency is boosting efforts to electrify the global economy as countries, businesses and investors rally behind Turkey’s electrification push at the annual UN Climate Summit.

The COP31 Global Electrification Pledge, designed to usher in the “age of electricity”, aims to raise electricity’s share of final energy consumption from around 23 per cent today to 35 per cent by 2035.

This will be achieved through electrifying transport, buildings and industry and will support global efforts to enhance energy security, expand energy access, and reduce costs and emissions.

The target is based on the IEA and IRENA's analysis of what is needed to keep the world on a pathway consistent with limiting warming to 1.5 degrees Celsius above pre-industrial levels.