COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large

Posted on:
Key Points

Getting a commitment of this size will be the measure of success of this years UN Conference of the Parties on Climate Change, COP29, which is being held in Baku, Azerbaijan...

At these conferences, held every 12 months, everyone has a microphonesmall islands with 10,000 inhabitants sit next to the giant countries of the world as they try to make decisions on how to curb climate change and its impacts...

In Copenhagen in 2009, industrialized countries agreed to provide $100 billion of climate finance each year to developing countries, to help them with their climate actions (though this target was achieved for the first time only in 2022)..

Back in 2016, Trump withdrew the US from the Paris Agreement, which set the target of limiting global warming to 1.5 degrees Celsius; Joe Biden then rejoined the climate compact as soon as he arrived in the White House...

The truth is that both with Harris, had she won, and with Trump, the European Union could not expect the United States to lead the change, she says.. Luca Bergamaschi, director of Ecco, an Italian climate think tank, agrees that the actions of the EU and China will be vital..