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Glossary term

New collective quantified goal (NCQG)

The climate finance goal set at COP29 in Baku: at least USD 300 billion a year by 2035 for developing countries, with developed countries taking the lead, alongside a call to scale finance from all sources to at least USD 1.3 trillion a year.

The climate finance goal set at COP29 in Baku: at least USD 300 billion a year by 2035 for developing countries, with developed countries taking the lead, alongside a call to scale finance from all sources to at least USD 1.3 trillion a year.

Institution GRA