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COP29: Climate Funding Under Pressure

The COP29 climate conference in Azerbaijan faces challenges in securing funding for developing nations to adapt to climate change, with political and economic uncertainties threatening the negotiations.

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Germany

PoliticsClimate ChangeEnergy SecurityFinanceEnvironmentClimateDevelopment

United NationsOrganization For Economic Co-Operation And Development (Oecd)New Climate InstituteE3GHeinrich Böll Foundation

Ilham AliyevNiklas HöhneAlden MeyerHarjeet SinghDonald Trump

What is the biggest challenge facing the COP29 conference?: The main challenge is securing sufficient funding from developed countries, who haven't met their previous commitment of \$100 billion annually, and determining a fair distribution of responsibility among nations.
What is the main goal of the COP29 climate conference in Baku?: The COP29 conference in Baku, Azerbaijan, aims to address climate change by focusing on financial support for developing nations to adapt to its effects.
How might Donald Trump's election affect the COP29 negotiations?: The election of Donald Trump, known for his climate skepticism, threatens to undermine international cooperation and reduce US contributions to climate funding, hindering the progress of COP29 and global climate action.
What is the stance of developed nations regarding climate funding?: Developed nations, including the US, EU and Japan, are hesitant to commit to higher funding levels and want to involve major emitters like China in sharing the financial burden.
What is the position of developing countries regarding climate funding?: Developing nations are pushing for increased transparency and effectiveness in climate funding, including compensation for climate-related losses and damages.

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