UN climate talks open 10-day Bonn session as grants make up just 15% of adaptation finance ahead of COP31 Antalya
The 64th sessions of the UNFCCC subsidiary bodies (SB64) opened June 8 at the World Conference Center in Bonn, Germany, running through June 18 — the first major multilateral climate negotiation since COP30 in Belém and .
At a glance
- SB64 (SBSTA 64 and SBI 64) convened June 8-18, 2026 at the World Conference Center Bonn
- First major multilateral climate meeting since COP30 in Belém; prepares decisions for COP31 in Antalya, Türkiye in November 2026
- Only approximately 15 per cent of adaptation finance flows as grants, the rest as loans
- Health groups urged tripling adaptation finance to $120 billion by 2035
- Australian climate minister Chris Bowen: 'Paris catalysed the biggest change of our energy systems since industrialisation. But now, Hormuz forces us to do more.'
VERDICT — CONFIRMED
The 64th sessions of the UNFCCC subsidiary bodies (SB64) opened June 8 at the World Conference Center in Bonn, Germany, running through June 18 — the first major multilateral climate negotiation since COP30 in Belém and the staging ground for COP31 in Antalya, Türkiye, this November. Executive Secretary Simon Stiell set out priorities of improving access to climate finance, finalising the Global Goal on Adaptation indicators and implementing the fossil-fuel transition outcomes of the Global Stocktake.
COP31 co-hosts Australia and Türkiye pressed the energy-transition case amid the Gulf disruption; Australian climate minister Chris Bowen told delegates: 'Paris catalysed the biggest change of our energy systems since industrialisation. But now, Hormuz forces us to do more.' Down To Earth reported June 9 that only about 15 per cent of adaptation finance currently flows as grants, with the remainder arriving as loans that deepen developing-country debt burdens; health coalitions used the opening to urge a tripling of adaptation finance to $120 billion by 2035.
Negotiators from the SBSTA and SBI will draft decisions on adaptation indicators, the Just Transition Work Programme, transparency and finance delivery for adoption at Antalya, aiming to convert the Belém outcomes and Global Stocktake decisions into implementable text.
Why it matters
Bonn sets the negotiating baseline for COP31 and shows the Hormuz oil shock being recruited as an argument for accelerating the fossil-fuel transition, entangling the multilateral climate file with the Gulf security crisis.
Key facts on file
- SB64 (SBSTA 64 and SBI 64) convened June 8-18, 2026 at the World Conference Center Bonn
- First major multilateral climate meeting since COP30 in Belém; prepares decisions for COP31 in Antalya, Türkiye in November 2026
- Only approximately 15 per cent of adaptation finance flows as grants, the rest as loans
- Health groups urged tripling adaptation finance to $120 billion by 2035
- Australian climate minister Chris Bowen: 'Paris catalysed the biggest change of our energy systems since industrialisation. But now, Hormuz forces us to do more.'
- UNFCCC Executive Secretary Simon Stiell prioritised climate finance access, the Global Goal on Adaptation and fossil-fuel transition implementation
