Trump's Paris climate exit expected to have greater impact than in 2017

President Donald Trump has announced the U.S. withdrawal from the Paris Agreement, which will take effect in one year. This exit is expected to have a greater impact than the first withdrawal in 2017, as climate change has worsened since then. The U.S. will stop all climate funding, costing poorer nations at least $11 billion. This move could hinder global efforts to combat climate change and create uncertainty for U.S. businesses involved in green investments. Some U.S. states plan to continue climate action despite the federal withdrawal. However, the exit may lead to a shift in green investment towards other countries, as U.S. companies face challenges navigating differing climate regulations.