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Hi, from CNN. This is Madeline Thompson with the five things you need to know for Monday, November 11th.

The world's biggest climate conference has kicked off today in Azerbaijan,

and former President Donald Trump's reelection has America's friends and foes alike on edge.

Trump has once again vowed to pull the U.S. from the Paris Agreement,

which binds nearly all the world's countries to dramatically slash carbon pollution.

CNN's Bill Weir is at COP29 with the latest.

Well, it really cedes a seat at the table.

Internationally, it really complicates things.

It could embolden climate-dener leaders in other parts of the world and stop that progress.

But there's so much momentum now, billions in this clean energy economy, and a new report out

of the International Chamber of Commerce looked back from 2014 to 2023.

Two trillion dollars was lost.

As much as the 2008 recession to climate damage, loss and damage around the world, these unnatural

events that are just blowing up economies already.

So the cost of inaction is that.

And the promise of cleaner futures are there.

But the diplomacy just got so much more complicated.

President-elect Trump has promised mass deportations and tighter immigration policies.

If he follows through on those promises, Americans could face higher prices.

CNN's Ajanah Bacon explains.

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