NCQG Draft Text Prepared - $300BN Per Year by 2035

Reuters

The revised draft text on the new climate finance goal (NCQG) to be adopted as an outcome document of the COP29 is just released. Currently, the parties to UNFCCC have gathered to discuss it.

The new draft text on NCQG decides to set a goal with developed country Parties taking the lead, to $300 billion per year by 2035 for developing country Parties for climate action.

 

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