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COP29 Summit Faces Criticism and Uncertainty Amid Major Absences

The climate conference in Azerbaijan sees key leaders missing and debates over fossil fuels and climate finance intensifying.

  • The COP29 climate summit in Baku, Azerbaijan, is marked by the absence of leaders from the top polluting countries, including the U.S., China, and India.
  • Azerbaijani President Ilham Aliyev defended his country's oil and gas industry, calling fossil fuels 'a gift from God,' while committing to a green transition.
  • The U.S. delegation, led by John Podesta, emphasized ongoing climate efforts despite the impending transition to a Trump administration, which has threatened to exit the Paris Agreement.
  • Negotiations at the summit focus heavily on increasing climate finance for poorer nations, with discussions of raising aid to $1 trillion annually.
  • A breakthrough was achieved in establishing standards for a global carbon market, seen as a tool to aid developing countries in meeting climate targets.
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