At the UN COP29 climate talks taking place in Baku, negotiators are preparing to establish a new financial target aimed at addressing climate change. In addition to this key goal, discussions will also explore the potential for creating a robust framework for carbon markets. The implications of a potential Trump victory for Biden’s green initiatives will be evaluated, while China continues to advance its cleantech sector. Meanwhile, the EU faces criticism, and the topic of funding for loss and damage from climate impacts remains a crucial point of discussion.