COP31 raises US$480 million to curb methane emissions

A leaders-level meeting on the sidelines of COP31 in Antalya, Turkey, secured more than US$480 million in funding commitments to curb methane emissions and other powerful non-CO2 pollutants. The forum, held with China, Britain, and Brazil, also added US$25 million for the Climate and Clean Air Coalition's National Action Accelerator for Super Pollutants. In another forum, Environment Minister Mohammad Jumhur Hidayat urged financial institutions and industry players to help local governments fund processing facilities, support farmers in managing irrigation, and work with operators to reduce methane leaks. According to a COP31 statement, the new funds will be used to speed cuts in emissions from the energy, agriculture and waste sectors.