EU backs pledge to boost geothermal energy supply at COP31
( November 10, 2026, 17:08 GMT | Official Statement) -- MLex Summary: The EU has backed a new pledge to help scale up global geothermal energy supply for power and heat to 12 times 2025 levels by 2050 at the COP31 climate conference in Turkey on Tuesday. The signatories of the pledge have committed to strengthening policy frameworks and investment opportunities, supporting research and supply chains, and expanding international cooperation and technical assistance. The initiative envisages global geothermal power capacity rising to 193 gigawatts by 2050.Press release follows. Full pledge is listed below....
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