# Lula to Demand Climate Finance and Energy Transition at COP31 Brazil pushes for increased funding and fossil fuel reduction at the Antalya summit. - **Source:** [Poder360](https://www.poder360.com.br) - **Published:** 2026-11-06 - **Topic:** [climate](https://brifing.si/c/climate) - **Original article:** - **On Brifing:** https://brifing.si/s/5157ab1c-ab01-407c-84eb-d335ad86ff6f ## Lula's Strategic COP31 Agenda President Luiz Inácio Lula da Silva arrives in Antalya, Turkey, on November 10, 2026, for COP31. This marks his first international trip following his reelection. The Brazilian leader aims to secure increased climate financing for developing nations while advocating for a structured transition away from fossil fuels during the global summit. ## Brazil's Proven Environmental Results Rather than offering new promises, Brazil will showcase concrete achievements to lead by example. Between 2022 and 2024, the country reduced CO₂ emissions by 560 million tons. Additionally, deforestation reached its lowest historical level, while the Amazon Fund successfully raised R$ 7.8 billion to support ongoing preservation efforts across the vast biome. ## Demanding Global Financial Equity Lula argues that developed nations must bear more responsibility for climate costs due to their historical emissions. Brazil is pushing for at least US$ 1.3 trillion annually by 2035 to support developing economies. The current global commitment of US$ 300 billion is viewed by the Brazilian government as insufficient for necessary progress. ## Tropical Forest Fund Expansion The Tropical Forests Forever Fund (TFFF) currently holds US$ 7.8 billion in commitments. Brazil aims to reach US$ 10 billion by the end of 2026. During the event on November 15, the United Kingdom and the Netherlands are expected to formalize their financial contributions to this critical global conservation initiative. ## Energy Transition and Fossil Fuels Brazil will present a roadmap for reducing fossil fuel dependency while maintaining national energy security. This proposal balances environmental goals with plans to expand oil production in the Equatorial Margin. The government maintains that transitions must be tailored to each country's specific economic conditions to ensure sustainable development and energy stability. ## Multilateralism Amid Global Challenges The summit occurs amid shifting geopolitical landscapes, including the United States' withdrawal from the Paris Agreement. European nations also face internal tensions regarding economic competitiveness and transition costs. Consequently, Lula intends to use his platform to defend multilateralism, scientific cooperation, and the urgent necessity of collective global climate action. ## Diplomatic Structure of COP31 The conference features a unique shared leadership format. Turkey assumes the presidency of the event, while Australia manages the complex diplomatic negotiations. This collaborative structure aims to facilitate progress on the implementation of the Paris Agreement and address the critical gaps in climate financing identified during previous summits in Baku. ## Post-Summit Diplomatic Trajectory Following his engagements in Antalya, Lula will travel to Manila on November 12. He will conduct a state visit to the Philippines on November 14, followed by participation in the 49th ASEAN Summit. Brazil seeks to elevate its status to a full dialogue partner within the influential Southeast Asian regional bloc. ## Sources covering this story - https://www.poder360.com.br/poder-governo/lula-cobrara-financiamento-climatico-e-transicao-energetica-na-cop31/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._