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Sunday, October 25, 2026Updated 18:59 UTC

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COP31 Host Urges NATO Nations to Spend More on Climate Than Defense

Source: OilPrice.com · Oct 25, 2026 15:00 UTC

Aerial view of Manhattan's East Side including United Nations headquarters by the East River — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The host of the United Nations’ COP31 climate summit, Turkey, is encouraging wealthy countries participating in the conference to spend more on climate support than on defence. This follows Turkey’s announcement in September that it plans to invest heavily in developing its renewable energy capacity in the coming years. However, Turkey also intends to expand its oil and gas production, which could

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