The global south argues for financial aid from developed countries due to their historical emissions, while the industrialized nations seek decarbonization commitments from developing nations to maintain competitiveness.
The absence of leaders like Biden, Macron, and Scholz at the Baku summit underscores the complexity of international climate negotiations and the competing national interests at play.
China, despite being the largest emitter, is viewed as still developing and hence not held to the same commitments as established industrialized countries.
The ongoing climate crisis is underscored by recent events like the tragic flooding in Valencia, which has shifted the EU's focus towards climate adaptation strategies.
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