COP29 Climate Summit Faces Financial Disputes Amid Global Challenges

World leaders gather in Azerbaijan to negotiate climate finance and commitments against a backdrop of political and environmental tensions.

The COP29 summit in Baku, Azerbaijan, is set to focus heavily on climate finance, with countries far from reaching a consensus on funding strategies.
The conference occurs shortly after a pivotal US election, which could influence the direction of global climate policy, especially if Donald Trump returns to power.
Developing nations require $2.4 trillion annually by 2030 for climate priorities, with $1 trillion expected from international public and private finance.
Human rights concerns in Azerbaijan, including restrictions on freedom of expression and assembly, are raising alarms about the inclusivity of COP29 discussions.
Current climate pledges suggest a trajectory towards a 2.6°C rise in global temperatures by century's end, emphasizing the urgency of more ambitious commitments.