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LIVE: UN Climate Chief And COP31 President Call For Solutions As Climate Summit Opens In Turkey
Jess GasperFatih BirolChris BowenInternational Energy Agency

High fossil fuel prices spread inflation 'like a cancer,' UN climate negotiator tells Cop31 in Antalya

At the Cop31 climate talks in Antalya, UN negotiator Simon Stiell warned that high fossil fuel prices are spreading inflation 'like a cancer,' impacting households globally. He emphasized the urgency of addressing climate change, as vulnerable communities bear the brunt of these economic shocks.

The Guardian The Guardian9 November 2026 · 18:37 UTC
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UN climate negotiator Simon Stiell addressed the Cop31 conference in Antalya, highlighting the severe impact of soaring fossil fuel prices on global inflation. He stated that this 'fossil fuel cost chaos' has created a global shock wave, disproportionately affecting vulnerable communities.12

Stiell emphasized the need for urgent action, saying, “The urgency of this moment must drive us forward. Global heating is already costing the Earth.” His remarks reflect a growing frustration among delegates regarding the inequities faced by those most affected by climate change.

Australia’s climate change minister, Chris Bowen, echoed this sentiment, urging delegates to unite in addressing the climate crisis. He acknowledged that while the 1.5C Paris target may be overshot, collective action can still mitigate its effects. Bowen stated, “We can return … if we work together and act with urgency, solidarity and resolve.”3489

The conference also highlighted the need for increased electrification, with Bowen noting a goal to raise electricity's share of final energy consumption from 20% to 33% within the next decade. Dr. Fatih Birol, executive director of the International Energy Agency, remarked on the growing appetite among nations for this historic decision, stating, “The important thing is that we are entering the age of electricity.” This shift could signal a significant move towards renewable and nuclear energy sources, crucial for combating climate change.101112

Key Insight
“Stiell added that global heating is already costing the Earth, with vulnerable communities paying the price and frustration at lack of fairness palpable. Australia's climate minister Chris Bowen acknowledged the 1.5C Paris target will be overshot but urged delegates to return to it with urgency and resolve.”
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The GuardianThe Guardian
“Stiell told delegates this “fossil fuel cost chaos” had “delivered a global shock wave, hitting households hard and spreading inflation like a cancer”.”
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