COP29: Navigating Climate Action Amid Political and Economic Challenges
The COP29 climate summit highlighted the uncertainty surrounding global climate efforts following Donald Trump's return to the U.S. presidency. Despite the Biden administration's attempts to maintain climate commitments, Trump's policies threaten to reverse progress, including exiting the Paris Agreement and reducing climate finance. The summit ended with a call for $300 billion in annual climate finance, deemed insufficient by developing nations. As the U.S. steps back, China is poised to take a leading role in global climate efforts, though its approach remains uncertain.