US Election Uncertainty Hinders Climate Negotiations
US Election Uncertainty Hinders Climate Negotiations
US Election Uncertainty Hinders Climate Negotiations
News summary

During the U.N. meetings in New York, countries have the chance to address critical disagreements over global climate finance. However, uncertainty about the U.S. presidential election on November 5 is causing hesitation among nations to clarify their positions, which may jeopardize progress ahead of the COP29 summit in Baku, Azerbaijan, starting November 11. Negotiators emphasize that the election outcome is central to discussions, given the U.S. is the largest economy and historical polluter. Potential scenarios, including a win by Vice President Kamala Harris or former President Donald Trump, are influencing how countries position themselves regarding climate commitments. The existing $100 billion climate finance pledge is set to expire at the end of the year, raising concerns that delaying decisions could prevent the establishment of a new deal. Wealthy nations are also withholding financial commitments, complicating the negotiations as they await the U.S. electoral outcome.

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