Updated for COP 29, our explainer on the New Collective Quantified Goal on climate finance (NCQG) provides an overview of NCQG discussions and the core elements: the quantum and quality of finance, the structure and nature of the NCQG (including sources and allocation), the contributor base, the timeframe for the NCQG, and accountability and transparency arrangements.
New Collective Quantified Goal on Climate Finance
All reasonable efforts have been made to ensure the accuracy of this information at the time the advice was produced (please refer to the date produced below). However, the materials have been prepared for informational purposes only and may have been superseded by more recent developments. They do not constitute formal legal advice or create a lawyer-client relationship. You should seek legal advice to take account of your own interests. To the extent permitted any liability is excluded. Those consulting the database may wish to contact LRI for clarifications and an updated analysis.
Date produced: 05/11/2024