The latest round of global climate talks in Baku, Azerbaijan, has drawn in 60,000 delegates, including many from the worlds of business and finance.

A focus of this year's annual climate event will be striking a new deal onpossibly worth trillions—helping poor countries in the green transition.

BAKU - The main task for nearly 200 countries at the U.N.'s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing for climate projects worldwide.  Read more at straitstimes.

Delegates from nations across the world are in Azerbaijan for the COP29 climate summit as data shows the highest greenhouse gas emissions ever recorded occurred in 2023. CBS News national environmental correspondent David Schechter has more as activists protest at the conference.

Rustamli Studio/iStock Editorial via Getty Images The latest round of U.N. climate talks, known as COP29, is making headlines this week in Azerbaijan.

Azerbaijan hosts U.N. climate summit Watch live as Azerbaijan hosts the annual United Nations climate talks, called COP29. Climate activist Greta Thunberg joined a protest on Monday in Georgia, arguing that Azerbaijan doesn’t deserve to host the summit because of its repressive policies.

Climate activists say they will face new challenges to global governance with optimism, hope and love for the planet, but many expect the second Trump administration to be more damaging to the environment than the first.