COP29 concludes with a climate finance agreement that sparks debate over its adequacy in meeting global climate goals. Explore the contentious negotiations, the role of major economies, and the financial commitments that will shape future climate action. This episode sets the stage for COP30 in Brazil, where unresolved issues will continue to challenge the global climate agenda.Sources:https://www.sei.org/perspectives/cop29-closes-with-a-climate-finance-deal-but-at-what-cost/https://finance.yahoo.com/news/mitsubishi-ufj-financial-group-tse-031446530.htmlhttps://www.france24.com/en/video/20241128-french-govt-ready-for-budget-concessions-to-avoid-financial-stormhttps://internationalbanker.com/finance/the-development-of-islamic-finance-in-the-us-a-journey-of-growth-and-opportunity/Outline:(00:00:00) Introduction(00:00:44) COP29 closes with a climate finance deal, but at what cost?(00:03:25) Mitsubishi UFJ Financial Group (TSE:8306) Sees 46% Profit Surge, Eyes Growth in Southeast Asia and AI(00:06:40) French government ready for budget concessions to avoid financial 'storm'(00:09:36) The Development of Islamic Finance in the US: A Journey of Growth and Opportunity