Baku, like most capitals, has a chronic traffic problem. But not this week.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsThe biggest city in Azerbaijan,

As CoP29 progresses India remains steadfast in its commitment to advocating for a fair, transparent, and inclusive approach to climate action. The intervention reflects India's leadership in representing the Global South, striving for equity and justice in the global fight against climate change.

This month's U.N. climate summit - COP29 in Baku, Azerbaijan - has been dubbed the "climate finance COP" for its central goal: to agree on how much money should go each year to helping developing countries cope with climate-related costs.

At Newsweek's "Pillars of the Green Transition" event at COP29, panelists talked climate finance and the coming shift in U.S. policy in a second Trump term.

India emphasizes at COP29 in Baku that climate finance must be provided by developed countries to support developing nations.

A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a year to combat the natural disaster and security crises facing their populations, a letter seen by Reuters showed.