Overview

• The COP29 summit in Baku is centered on climate finance, with developing nations seeking up to $1.3 trillion annually to address climate impacts.
• Donald Trump's re-election casts uncertainty over U.S. climate commitments, with potential withdrawal from the Paris Agreement looming.
• Negotiators aim to resolve long-standing issues like carbon trading and adaptation finance, crucial for supporting vulnerable countries.
• Global leaders' attendance is sparse, with major emitters like the U.S., China, and India absent, raising concerns about the summit's impact.
• Amid political upheaval and ongoing conflicts, the urgency for actionable climate solutions and leadership remains critical.