The COP31 Presidency has announced an ambitious global target to increase the share of final energy demand met by electricity from just over 20 percent today to 35 percent by 2035, as part of a broader Action Agenda aimed at accelerating climate action and reducing dependence on fossil fuels. COP31 President-Designate and Türkiye’s Minister of Environment, Urbanisation and Climate Change, Murat Kurum, unveiled the target during the Bonn Climate Change Conference, describing electrification as a key pillar in achieving the goals of the Paris Agreement and keeping global warming within 1.5°C above pre-industrial levels. The proposed "35% by 2035" target is backed by analysis from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA). The COP31 Presidency also announced plans to build a global coalition to support countries in implementing policies and investments needed to achieve the goal. Beyond electrification, the Presidency introduce...