{"id":135298,"date":"2024-11-11T09:00:40","date_gmt":"2024-11-11T07:00:40","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/trump-and-trade-worries-cloud-cop29-climate-summit-in-baku\/"},"modified":"2024-11-11T09:00:40","modified_gmt":"2024-11-11T07:00:40","slug":"trump-and-trade-worries-cloud-cop29-climate-summit-in-baku","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/trump-and-trade-worries-cloud-cop29-climate-summit-in-baku\/","title":{"rendered":"Trump and trade worries cloud COP29 climate summit in Baku"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/135298\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The annual U.N. climate summit kicks off Monday with countries readying for tough talks on finance and trade, following a year of weather disasters that have emboldened developing countries in their demands for climate cash. Delegates gathering in Azerbaijan&#8217;s capital of Baku are hoping to resolve the summit&#8217;s top agenda item \u2013 a deal for up to $1 trillion in annual climate finance for developing countries.<\/p>\n<p>The summit&#8217;s negotiating priorities, however, are competing for governments&#8217; resources and attention against economic concerns, wars in Ukraine and Gaza and last week&#8217;s U.S. re-election of Donald Trump, a climate-change denier, as president of the world&#8217;s biggest economy. COP29 host Azerbaijan will be tasked with keeping countries focused on agreeing to a new global finance target to replace the current $100 billion pledge expiring this year.<\/p>\n<p>The Caspian Sea nation, often proud of being home to the world&#8217;s first oil wells, will also be under pressure to show progress from last year&#8217;s COP28 pledge to transition away from fossil fuels. The country&#8217;s oil and gas revenues accounted for 35% of its economy in 2023, down from 50% two years prior. The government says these revenues will continue to decline, to roughly 32% of its GDP this year and 22% by 2028.<\/p>\n<p>Before the summit talks can even begin, countries will need to agree on an agenda by consensus \u2013 including an 11th-hour proposal by China to bring trade disputes into the mix. The Chinese proposal &#8211; made on behalf of the fast-developing &#8220;BASIC&#8221; group of countries including Brazil, India and South Africa &#8211; asked for the summit to address &#8220;restrictive trade measures&#8221; such as the EU&#8217;s carbon border tariffs going into effect in 2026. Those concerns have been compounded by Trump&#8217;s campaign promise to impose 20% tariffs on all foreign goods \u2013 and 60% on Chinese goods.<\/p>\n<p>China&#8217;s request showed it was flexing power following Trump&#8217;s re-election, which signaled the United States&#8217; likely disengagement from global climate cooperation, said Li Shuo, director of China Climate Hub at the Asia Society Policy Institute.Trump has called climate change a hoax and vowed to withdraw the U.S. from the Paris Agreement, the global treaty to reduce planet-warming emissions. The European Union, along with current U.S. President Joe Biden&#8217;s administration, have been pressing China and Gulf oil nations to join the pool of climate finance donor countries.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/world\/trump-trade-worries-cloud-cop29-climate-summit-baku-2024-11-11\/\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.reuters.com\/world\/trump-trade-worries-cloud-cop29-climate-summit-baku-2024-11-11\/\">Reuters<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/trump-and-trade-worries-cloud-cop29-climate-summit-in-baku\/\">Trump and trade worries cloud COP29 climate summit in Baku<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[12818,573,3873,606,607,608],"class_list":["post-135298","post","type-post","status-publish","format-standard","hentry","category-news","tag-cop29","tag-trade","tag-trump","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=135298"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/135298\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=135298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=135298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=135298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}