COP29 climate summit: what to expect as key world leaders sit out

Delegates from nearly 200 countries are hunkered down for 11 days of intense climate talks at COP29 in Baku, but with prominent leaders noticeably absent, doubts about the summit’s potential for progress are looming.

Among those who will not be attending are European Commission President Ursula von der Leyen, French President Emmanuel Macron, Brazil’s Lula da Silva, and China’s Xi Jinping.  

Setting robust climate finance targets is high on this year’s agenda at a time when the pressure couldn’t be higher, with the UN warning that global warming could rise by 2.5 to 2.9 degrees Celsius – almost double the “safe” limit set by the Paris Agreement. 

Join host Giada Santana as she talks to Euractiv’s climate, energy, and transport editor, Donagh Cagney, and climate reporter Paul Messad. Together, they will break down the events on the ground in Baku, Europe’s big goals for these talks, and what the missing world leaders could mean for the success – or failure – of the summit. 

#Eurozone: #ECB officials question whether #Euro has strengthened too much, by @OlafStorbeck and Ian Smith | Financial Times

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ECB officials question whether euro has strengthened too much

Policymakers at central bank fret that a surging currency increases the risk of inflation undershooting

www.ft.com

[Featured] #Trade: #EU splits weaken its hand in crunch trade talks with #Trump, by @_Zimmerfrau and @_AriHawkins | Politico

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EU splits weaken its hand in crunch trade talks with Trump

European capitals are pulling in different directions ahead of a decisive round of trade talks in Washington. 

www.politico.eu

#EUDefence: The Italian job - How #Rome plans to work around #NATO spending hike, by @giuseppe_fonte, @AmanteAngelo and Gavin Jones | Reuters 

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The Italian job: how Rome plans to work around NATO spending hike

Italy, along with other NATO countries, has agreed to sharply increase defence spending over the next decade, but ...

www.reuters.com

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