Trump win worries international partners ahead of COP29 climate summit

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Climate negotiators and observers preparing for the COP29 conference from Nov.11-22 in Baku, Azerbaijan, said Trump’s decisive win over Vice President Kamala Harris in Tuesday’s poll deals a blow to the ability of countries to agree a new global finance target, or increase the pool of countries that should contribute – top goals for the summit.

"Pushing for more ambitious climate finance is going to be almost impossible without the U.S.buy-in, which will de-motivate developing countries from taking seriously the climate ambitions of the West," said Elisabetta Cornago, a senior research fellow at the Centre for European Reform.

ReutersTrump, who has called climate change a hoax, has said he plans to withdraw the U.S.from the landmark 2015 Paris climate agreement at the start of his second presidency.

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Author / Journalist: Reuters

Category: Business

Markets: IndiaAzerbaijanChinaGermany

Topics: Us presidential elections Donald trump Azerbaijan Climate emissions Cop29

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 10:17:58 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1371 words

Reading Time: 8 minutes read

Sentences: 31 lines

Sentence Length: 45 words per sentence (average)

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Copyright Owner: © Economic Times

News ID: 23467701

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