Trump’s victory and the European Commission’s blockade make the climate summit (a lot) more complicated. Desh Express

COP29, the United Nations climate summit held in Baku (Azerbaijan), is facing this week one of the most thorny debates in this type of international conference: that of climate financing.

What was decided in this debate? How to economically help countries with low resources cut emissions by moving away from fossil fuels.

• That is, how much money should be dedicated to this cause, how will it be raised and who should put it on the table.

Controversy: Developed countries, which have so far been the financiers, want other economically powerful countries and large greenhouse gas emitters to also contribute. They mention China.

The international context is a bit turbulent:

• The next President of the United States, Donald Trump, had already pulled his country out of the Paris Agreement (which establishes measures to reduce greenhouse gas emissions) in his previous term. and this new York Times It was told that Trump is going to do this again.
• The EU, the bloc that contributes the most to international climate financing, reaches this summit in a short time due to the blockade by the Spanish PP with the European PP’s support of the new Commission.

©Photo: Janice Liaisons (Reuters)

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