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COP29 Climate Summit Faces Financial Challenges and Trump Concerns

  • COP29 addresses crucial issues for the Paris Agreement, aiming to limit warming to 1.5 degrees Celsius, as highlighted by its significance in the ongoing climate discussions.
  • Economic factors, including Donald Trump's election and the collapse of Germany's coalition, are shifting climate negotiations, according to experts present at COP29.
  • Mukhtar Babayev, the new COP29 president, emphasized the financial needs to support the developing world in transitioning to clean energy, stating that action is essential to avoid greater costs.
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