U.N. climate conference swept by Trump fears...The problem is money.

[Anchor]
The Conference of the Parties, the highest voting body of the United Nations climate agreement, has opened in Azerbaijan.

A tense tug-of-war is expected between developed and developing countries over funding amid concerns that Trump's re-election will make it more difficult for the international community to jointly respond to the climate crisis.

Reporter Yoon Hyun-sook reports.

[Reporter]
The 29th Conference of the Parties to the UN Framework Convention on Climate Change, which opened with a key agenda.

Warning messages surrounding the fast-moving climate crisis followed.

[Mukhtar Babaev/President of the United Nations Framework Convention on Climate Change]: We are on a path to ruin. It's not a matter of the future. Climate change has already begun]
The international community promised to prevent global warming through the Paris Climate Agreement in 2015, but each country's greenhouse gas reduction is far from sufficient.Trump's return to power, which claims climate change to be fraudulent despite the busy road to

, has put a red light on the international community's joint response.

Even the U.S. representative expressed concern over Trump's move to withdraw from the Paris Agreement again following the first term.

[John Podesta/ U.S. Special Envoy for Government Climate, Biden: It's clear that the next administration will try to make a U-turn and reverse much of this progress. I am well aware of the disappointment caused by the United States.

At this meeting, we have to agree on who, how much, and how to pay 100 billion dollars more each year starting next year.

Developed countries insist on increasing the number of countries that pay money and adding private resources, but developing countries argue that developed countries should take the lead in expanding to public resources.

[Simon Stiel / Secretary-General of the United Nations Framework Convention on Climate Change] We need to agree on new global climate funding targets. If more than two-thirds of the world's countries cannot afford to cut emissions quickly, all will pay a harsh price.]

While this year is expected to be the hottest year in history, the deterrence target of 1.5°C agreed to in the Paris Agreement is also expected to collapse for the first time ever.

I'm YTN's Yoon Hyunsuk.