Zürcher Nachrichten - Trump stalks global climate talks as COP29 draws near

EUR -
AED 4.226203
AFN 73.071893
ALL 93.960321
AMD 423.724896
ANG 2.060342
AOA 1055.835022
ARS 1653.354187
AUD 1.639764
AWG 2.071386
AZN 1.955326
BAM 1.939252
BBD 2.318912
BDT 141.335156
BGN 1.945814
BHD 0.43396
BIF 3441.95307
BMD 1.15077
BND 1.475013
BOB 7.984862
BRL 5.858341
BSD 1.151375
BTN 108.817416
BWP 15.427352
BYN 3.187599
BYR 22555.092
BZD 2.31564
CAD 1.622315
CDF 2669.786539
CHF 0.919891
CLF 0.025899
CLP 1019.305887
CNY 7.776271
CNH 7.7963
COP 3952.89495
CRC 524.424864
CUC 1.15077
CUP 30.495405
CVE 109.726009
CZK 23.938375
DJF 204.514691
DKK 7.406517
DOP 67.435057
DZD 152.913136
EGP 57.432856
ERN 17.26155
ETB 182.253223
FJD 2.570475
FKP 0.856318
GBP 0.86513
GEL 3.043786
GGP 0.856318
GHS 13.001054
GIP 0.856318
GMD 84.005847
GNF 10100.882542
GTQ 8.776185
GYD 240.844771
HKD 9.016467
HNL 30.722333
HRK 7.534434
HTG 150.366857
HUF 345.978589
IDR 20424.556422
ILS 3.390134
IMP 0.856318
INR 108.528541
IQD 1507.5087
IRR 1582308.749934
ISK 143.07527
JEP 0.856318
JMD 182.096098
JOD 0.815918
JPY 184.425851
KES 149.047935
KGS 100.634562
KHR 4617.456644
KMF 489.077033
KPW 1035.693403
KRW 1739.808883
KWD 0.35455
KYD 0.959512
KZT 561.483746
LAK 25351.462874
LBP 103051.453562
LKR 385.721827
LRD 209.61256
LSL 18.636557
LTL 3.397924
LVL 0.696089
LYD 7.336181
MAD 10.638889
MDL 20.09155
MGA 4833.233941
MKD 61.09051
MMK 2415.980579
MNT 4116.679238
MOP 9.289529
MRU 46.122914
MUR 54.236067
MVR 17.791185
MWK 1997.737016
MXN 19.912233
MYR 4.677655
MZN 73.536625
NAD 18.64468
NGN 1564.034121
NIO 42.129805
NOK 11.063848
NPR 174.106761
NZD 1.992227
OMR 0.442469
PAB 1.151375
PEN 3.927015
PGK 5.049291
PHP 69.475448
PKR 320.257204
PLN 4.197629
PYG 7026.04384
QAR 4.189381
RON 5.186562
RSD 116.309537
RUB 83.973466
RWF 1712.34576
SAR 4.317567
SBD 9.276845
SCR 16.24326
SDG 691.036606
SEK 10.942217
SGD 1.475321
SHP 0.859166
SLE 28.481893
SLL 24131.075732
SOS 657.673717
SRD 42.960576
STD 23818.615605
STN 24.626478
SVC 10.074121
SYP 127.197022
SZL 18.638884
THB 37.439728
TJS 10.673122
TMT 4.039203
TND 3.350755
TOP 2.770778
TRY 53.456132
TTD 7.821258
TWD 36.316578
TZS 3020.774668
UAH 51.564725
UGX 4259.650626
USD 1.15077
UYU 46.483739
UZS 13814.993686
VES 685.900804
VND 30295.17102
VUV 137.232574
WST 3.152781
XAF 650.406808
XAG 0.016857
XAU 0.000269
XCD 3.110014
XCG 2.075074
XDR 0.809794
XOF 650.185256
XPF 119.331742
YER 274.60252
ZAR 18.845855
ZMK 10358.309615
ZMW 20.350342
ZWL 370.54747
  • RBGPF

    -1.7300

    61.14

    -2.83%

  • CMSC

    -0.0450

    22.32

    -0.2%

  • BCE

    -0.5400

    23.28

    -2.32%

  • NGG

    -1.6000

    80.68

    -1.98%

  • RELX

    -0.7900

    32.01

    -2.47%

  • GSK

    -0.0700

    52.15

    -0.13%

  • AZN

    -0.8200

    177.89

    -0.46%

  • BTI

    -1.8900

    59.49

    -3.18%

  • RIO

    -3.0700

    102.67

    -2.99%

  • BCC

    -0.7500

    70.81

    -1.06%

  • BP

    -1.0100

    40.14

    -2.52%

  • CMSD

    0.0300

    22.29

    +0.13%

  • RYCEF

    -0.1600

    18.43

    -0.87%

  • VOD

    -0.3600

    14.53

    -2.48%

  • JRI

    -0.1900

    12.62

    -1.51%

Trump stalks global climate talks as COP29 draws near
Trump stalks global climate talks as COP29 draws near / Photo: SAUL LOEB - AFP

Trump stalks global climate talks as COP29 draws near

The prospect of Donald Trump returning as president is hanging over crucial UN-sponsored climate negotiations, with countries "holding back" their positions until they know who sits in the White House.

Text size:

Veteran observers of climate diplomacy say uncertainty over the election outcome is stalking this November's COP29 summit, which starts just six days after voters decide between Trump and Kamala Harris.

The election lands awkwardly as governments try to build global consensus in coming months not just around climate but stronger protections for the environment and a treaty to address plastic pollution.

As president, Trump withdrew the United States from the Paris agreement on global warming -- Joe Biden later rejoined the accord -- and there are concerns over what his re-election might mean for climate action.

This year's negotiations hope to increase money for poorer countries to handle climate change, but some governments have not proposed a concrete dollar figure, wary of committing too soon.

"Everybody is holding back until they know who gets elected," said Mohamed Adow, a campaigner and head of research group Power Shift Africa.

This apparent wait-and-see approach has frustrated those seeking a new long-term commitment at COP29 from rich nations to pay the trillions of dollars needed for clean energy and climate adaptation in developing countries.

Ali Mohamed, chair of the African Group of Negotiators, accused developed countries of navel gazing and displaying "a lack of seriousness" at the bargaining table.

"The climate change situation really doesn't care about who is at the helm of the US, whether it is a Republican or a Democrat," he told AFP.

"Elections will come and go, but the problem is still there."

- Hedging bets -

The months of lead-up sessions to COP29, which is being hosted this year in Azerbaijan, have been painfully slow even by the plodding standards of global climate diplomacy, participants say.

With just two months to go, there still isn't an agreed definition of "climate finance" let alone how much should be paid, which countries should receive it and how, and who should be on the hook for it.

Wealthy donors historically obligated to pay, like the United States, European Union and Canada, have not put forward a figure, instead pushing for China and other big emerging economies to also chip in.

"Governments are holding back, and they're trying to hedge their bets. Many of them don't have a strong enough motive to move," said Tom Evans, policy advisor at E3G, a think tank.

The US election was "hanging over everyone, and it's hard to look past that sometimes".

Mohamed, who is Kenya's special climate envoy, described the latest round of discussions in Baku this month as "very disappointing".

"From the developed world, there's too much 'in-looking' and passing the buck," he said.

- Shaky ground -

Divisions between rich and poor countries over who should pay for the damaging costs of climate change have always been fraught.

But the EU's reluctance to talk numbers could be partly explained by anxiety over the US election, said Linda Kalcher, executive director of Strategic Perspectives, a European think tank.

Some developing countries are demanding north of $1 trillion annually, a 10-fold increase on existing pledges.

If elected, Trump could slash funding for the climate and Ukraine, leaving the EU –- which saw swings to the right in elections this year -- footing the bill.

"It's really a very shaky, and not necessarily fertile, political setting to talk about higher climate finance numbers, and I think especially the anticipation of the US election brings even bigger uncertainty," Kalcher told AFP.

"The moment they put a number in there, they will have higher pressure to actually stick to that number."

The United States has historically underpaid on climate finance and observers said a Trump victory would not stop a deal being reached.

But donors would nonetheless feel "pretty exposed" committing more cash if they couldn't count on Washington's support to pay its share and push China to do the same, Evans said.

"They (China) will not be under that pressure in a Trump scenario and similarly, other major emitters I think will feel a slight easing off of attention," he said.

Political leaders would be more pressed than usual at COP29 to make up for lost time, said Li Shuo, a Washington-based expert on climate diplomacy at the Asia Society Policy Institute.

He told AFP any progress until then would be incremental, at best.

"The real decisions... will only start to emerge after the US election."

L.Rossi--NZN