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COP31: UK leads charge on private capital as public climate pledges plunge

UK PM Andy Burnham uses COP31 summit to unveil £5 billion "Amplify" scheme and outline G20 agenda focused on debt and insurance.

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Jean Hurley

ANTALYA, TURKEY - NOVEMBER 12: British Prime Minister Andy Burnham delivers a speech during the Cop31 UN Climate Change Conference on November 12, 2026 in Antalya, Turkey.
Photo: Stefan Rousseau – WPA Pool/Getty Images
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UK Prime Minister Andy Burnham stepped to the forefront of the COP31 summit on Thursday, moving to fill a massive void in global finance by leveraging public funds to unlock institutional capital.

Addressing delegates as multi-year public funding commitments from developed nations face a catastrophic 70% drop, Burnham introduced the

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