Trump's election raises concerns for climate negotiations ahead of COP29 summit
Donald Trump's recent election victory has raised concerns among climate negotiators ahead of the COP29 summit in Baku, Azerbaijan, from November 11-22. His win is seen as a setback for global climate finance discussions, particularly regarding contributions from major economies.
Trump has indicated plans to withdraw the U.S. from the Paris Agreement, which could hinder efforts to secure a new global finance target. This situation places additional pressure on Europe and China to lead climate initiatives, as U.S. participation is deemed crucial for progress.
Despite these challenges, some officials believe the global push for renewable energy will continue. U.S. states and cities are preparing to participate in COP29, aiming to uphold climate commitments despite the federal government's potential withdrawal from international agreements.