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00:00Germany's Chancellor Olaf Scholz has said he's willing to hold a confidence vote in
00:06parliament before the end of the year after the ruling three-party coalition collapsed.
00:12In an interview on Sunday night with public broadcaster ARD, Scholz said, I'm not glued
00:17to my post.
00:18He'd originally scheduled the vote for the 15th of January, but in the face of increasing
00:23pressure is now considering holding it this year, paving the way for snap elections.
00:28Scholz is widely expected to lose the vote.
00:31In that case, President Frank-Walter Steinmeier will have 21 days to dissolve the Bundestag
00:36and fresh elections must take place within 60 days of parliament's closure.
00:42Scholz also denied he'd provoked the coalition's collapse, saying he'd done everything he could
00:46to keep it together.
00:48The so-called traffic light coalition collapsed on the 6th of November after Scholz fired
00:53finance minister Christian Lindner.
00:56Speaking to the press at the time, Scholz said Lindner had broken his trust too many
01:00times.
01:02The coalition had been at odds for some time, particularly over economic and fiscal policy.
01:12Authorities in Valencia have ruled out any imminent resignations from the regional government
01:17as anger continues to grow over the response to catastrophic flooding.
01:22Thousands of people staged a protest on Saturday night, accusing the regional government of
01:27sending out public warnings about the dangers of the flooding too slowly.
01:32A group of protesters demanding the resignation of regional president Carlos Mazón clashed
01:37with ride police in front of the city hall.
01:40The EFE news agency said at least 31 police officers were injured in the violence.
01:46But the region's vice president said no one would be stepping down as to do so would be
01:51a betrayal of the victims.
01:53At least 222 people have been killed in Spain's worst natural disaster in decades.
02:00The flooding started after torrential rain lashed the eastern region of Valencia on the
02:0429th of October, with some areas receiving a year's worth of rain in just eight hours.
02:10The central government in Madrid has mobilized thousands of troops and police officers to
02:15help with relief and clean-up operations.
02:17And thousands of ordinary citizens have also stepped up to help, with no definite estimate
02:22as to exactly how many have come forward.
02:25The full extent of the damage is unknown, but Spain's Consortium for Insurance Compensation
02:31estimates that it will pay out at least 3.5 billion euros in compensation.
02:39COP29 kicks off in Baku on Monday.
02:45Delegates from around the world have gathered here, hoping to find ways to prevent global
02:49temperatures from rising, and to keep the promises made under the Paris Agreement.
02:54But what should we expect from the biggest event of the year to address the climate crisis?
02:59The summit is being called the Finance COP, as countries will, for the first time in 15
03:04years, review the scope and structure of financing for developing nations to support
03:09climate action.
03:10Countries are also encouraged to lay the groundwork for stronger national plans to curb emissions.
03:16Turning ambition into action remains a top priority on the COP presidency agenda.
03:21But how can this goal be achieved?
03:23We put that question to the COP29 president.
03:27We need to consolidate all the efforts of all countries, because it's only with consolidation,
03:35with the good motivation for all the participants, we have the chance to have a success.
03:43I think the main role for the Baku COP, for Azerbaijan, for the COP29 team, to be the
03:50interconnector between the developing countries and develop between the south and north, between
03:57east and west.
03:58The UN climate change high-level champion for COP29 told us that in addition to focusing
04:03on climate change, there is a need for active private sector involvement to achieve sustainable
04:08goals.
04:09And when we speak about the green transition, we speak about the new types of economy overall.
04:14So the role of the private sector in the global climate action is absolutely crucial.
04:18It's so important, because private sector is coming with technologies, with innovation,
04:23with, I don't know, consumer behavior, so they can influence consumer behavior.
04:29So it's important to engage with private sector.
04:32Experts say concrete results must be achieved in Baku in order to make progress toward the
04:36Paris agreement's goals.
04:38Despite last year's gains, negotiations on the new climate targets have exposed divisions
04:44among countries.
04:45Meanwhile, the talks are unfolding in a very complex geopolitical scenario.
04:50George Orlandi for Euronews, in Baku, Azerbaijan.