The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates

The New Collective Quantified Goal on Climate Finance (NCQG) is a new global climate finance goal that the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA) shall set from a floor of USD 100 billion per year, prior to 2025. This new goal will be set in the...

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Main Authors: Chilambe, Pedro, Salfi, Laura, Leonard, Steve, Tesfaye, Lidya, Jalango, Dorcas, Ouedraogo, Issa
Format: Blog Post
Language:Inglés
Published: 2024
Subjects:
Online Access:https://hdl.handle.net/10568/168376
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author Chilambe, Pedro
Salfi, Laura
Leonard, Steve
Tesfaye, Lidya
Jalango, Dorcas
Ouedraogo, Issa
author_browse Chilambe, Pedro
Jalango, Dorcas
Leonard, Steve
Ouedraogo, Issa
Salfi, Laura
Tesfaye, Lidya
author_facet Chilambe, Pedro
Salfi, Laura
Leonard, Steve
Tesfaye, Lidya
Jalango, Dorcas
Ouedraogo, Issa
author_sort Chilambe, Pedro
collection Repository of Agricultural Research Outputs (CGSpace)
description The New Collective Quantified Goal on Climate Finance (NCQG) is a new global climate finance goal that the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA) shall set from a floor of USD 100 billion per year, prior to 2025. This new goal will be set in the context of meaningful mitigation actions and transparency on implementation, taking into account the needs and priorities of developing countries. Deliberations on setting the new goal aim to strengthen the global response to the threat of climate change in the context of sustainable development and efforts to eradicate poverty, including by making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. The ad hoc work programme was established in 2021 to facilitate technical discussions on the NCQG, running from 2022 to 2024. The CMA will take stock of progress made in 2022 and 2023 and provide further guidance on the work programme. In 2024, the CMA (Baku) will set the NCQG. COP29 negotiation updates as tracked, analysed and reported by Pedro Chilambe, Laura Salfi, Steve Leonard, Lidya Tesfaye, Dorcas Jalango, and Issa Ouedraogo.
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spelling CGSpace1683762024-12-28T09:37:58Z The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates Chilambe, Pedro Salfi, Laura Leonard, Steve Tesfaye, Lidya Jalango, Dorcas Ouedraogo, Issa climate change The New Collective Quantified Goal on Climate Finance (NCQG) is a new global climate finance goal that the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement (CMA) shall set from a floor of USD 100 billion per year, prior to 2025. This new goal will be set in the context of meaningful mitigation actions and transparency on implementation, taking into account the needs and priorities of developing countries. Deliberations on setting the new goal aim to strengthen the global response to the threat of climate change in the context of sustainable development and efforts to eradicate poverty, including by making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. The ad hoc work programme was established in 2021 to facilitate technical discussions on the NCQG, running from 2022 to 2024. The CMA will take stock of progress made in 2022 and 2023 and provide further guidance on the work programme. In 2024, the CMA (Baku) will set the NCQG. COP29 negotiation updates as tracked, analysed and reported by Pedro Chilambe, Laura Salfi, Steve Leonard, Lidya Tesfaye, Dorcas Jalango, and Issa Ouedraogo. 2024-11-11 2024-12-27T16:28:26Z 2024-12-27T16:28:26Z Blog Post https://hdl.handle.net/10568/168376 en Open Access Chilambe, P., Salfi, L., Leonard, S., Tesfaye, L., Jalango, D. and Ouedraogo, I. 2024. The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates. Blog Post. Montpellier, France: CGIAR System Organization.
spellingShingle climate change
Chilambe, Pedro
Salfi, Laura
Leonard, Steve
Tesfaye, Lidya
Jalango, Dorcas
Ouedraogo, Issa
The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title_full The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title_fullStr The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title_full_unstemmed The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title_short The New Collective Quantified Goal on Climate Finance (NCQG) - COP29 Negotiation Updates
title_sort new collective quantified goal on climate finance ncqg cop29 negotiation updates
topic climate change
url https://hdl.handle.net/10568/168376
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