Trump's election victory raises concerns for COP29 climate summit

Donald Trump's recent election victory raises concerns about the upcoming COP29 climate summit. Trump plans to withdraw the U.S. from the Paris Agreement, which could hinder global efforts to secure new climate finance commitments. Negotiators fear that without U.S. support, it will be difficult to push for ambitious climate finance goals. European leaders are expected to take a more prominent role in discussions, as developing countries seek financial contributions from wealthier nations. Despite these challenges, investments in renewable energy continue to grow. U.S. states and cities plan to participate in COP29, aiming to uphold climate commitments despite federal setbacks.