COP29, this year's biggest environmental conference, is now underway. Here is how leaders from around the world are coming together to advance global climate efforts.

Negotiators see $120 bln pledge from banks as good start Tough negotiations lie ahead for broader finance deal Country leaders urge swift action BAKU, Nov 13 (Reuters) - COP29 negotiators welcomed a pledge by major development banks to lift funding to poor and middle-income countries struggling with global warming as an early boost to the two-week summit.

A coalition of world leaders from industrialized nations and climate-vulnerable countries at the UN Climate Change Conference in Baku called for more ambitious climate funding on Wednesday. "Trillions of dollars are required.

Nations gather to discuss who should pay to prevent the worst effects of climate change. But Donald Trump’s US election win might dampen commitments.

"However, we cannot forget the fact that the current climate situation of the world is the result of the industrial policies of (a) few developed countries and developing states shall not be deprived of their right to development because of what others have done.

With a climate-denialist re-elected as US president and another petrostate host (following Dubai in 2023)—hopes for ambitious outcomes at the 29th UN Climate Change "Conference of the Parties" (COP29) in Baku,