At the COP29 climate talks taking place in Baku, Azerbaijan, this week, the Africa Group is calling for a new climate finance goal to deliver $1.3 trillion per year by 2030.
This goal, known as the New Collective Quantified Goal (NCQG), represents the Global North’s share of the finance required and would be a bold step towards tackling the climate crisis. This is not just an arbitrary demand, but a necessary call for fair action that recognises the needs of developing countriesand our specific climate vulnerabilities.
