Global Leaders Wrestle With Costs of Climate Change in the Wake of the US Election.

Climate leaders from around the world are meeting in Baku, Azerbaijan for COP29 to discuss financing energy transitions and addressing climate change. The negotiations focus on the responsibility of wealthy nations to support smaller economies in transitioning to cleaner energy sources. The re-election of Donald Trump adds tension to the talks, as his stance on environmental issues could impact global climate efforts. The conference aims to determine financial commitments needed for decarbonization and adaptation to climate change, with estimates ranging from trillions of dollars to address the issue. The private sector plays a crucial role in achieving climate goals, despite not being directly involved in the negotiations. [Extracted from the article]