COP29 Climate Finance Focus Amid Global Uncertainty

At the 29th Conference of Parties (COP29) of the UN Framework Convention on Climate Change in Baku, the focus is on establishing a new climate finance target, with Indian trade policy expert Pradeep Mehta criticizing inadequate funding for climate and biodiversity. The UAE Consensus from COP28 highlighted commitments to renewable energy and energy efficiency, emphasizing the importance of inclusivity in climate action. Concerns about corruption and fossil fuel interests loom over COP29, with the potential impact of Donald Trump's re-election on global climate policy adding to the uncertainty. Meanwhile, the 2024 U.S. elections have led to political shifts, with attention turning to the 2026 Senate race in New Hampshire, where Democrats aim to regain their majority. Incumbent Senator Jeanne Shaheen has expressed disappointment over Trump's victory but remains committed to addressing key issues such as healthcare and job creation in the Senate.