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00:00Dubbed the finance cop, the goal of this year's summit, getting money to the developing countries
00:06facing the worst effects of climate change. These nations are pushing for at least one
00:11trillion dollars a year, which the United Nations climate chief said should not be seen as charity
00:17because no country was immune from the climate crisis.
00:20An ambitious new climate finance goal is entirely in the self-interest of every single nation,
00:28including the largest and the wealthiest.
00:32The developed countries that currently contribute the money want other rich nations and top emitters,
00:38including China and the Gulf states, to pitch in too, an idea firmly rejected by Beijing.
00:44Many leaders, including those of China and the United States, were conspicuous
00:48by their absence at COP29, but worse could be yet to come.
00:53In the shape of US President-elect Donald Trump,
00:56who has promised to again pull out of the 2015 Paris Agreement.
01:00The US climate envoy said Monday, though, that Trump's election victory
01:04wouldn't stop the work by American cities, states and citizens.
01:08While the United States federal government under Donald Trump
01:12may put climate action on the back burner, the work to contain climate change is going to
01:19continue in the United States with commitment and passion and belief.
01:25It was a sentiment echoed by climate activists.
01:28The work must go on. It cannot and does not hinge on any one country,
01:34and Trump's re-election can never be an excuse for other nations to scale back the ambition needed.
01:42With 2024 likely to break new temperature records,
01:46the UN has warned that the world is on a path towards a catastrophic
01:493.1 degrees Celsius of warming this century based on current actions.