Negotiations on new climate finance goal hangs in the balance as COP29 enters final hours
BAKU, AZERBAIJAN, 21 November – In the early hours of the day, the UNFCCC Secretariat released the latest draft text on the New Collective Quantified Goal on Climate Finance (NCQG), a key agenda item at the 29th Conference of Parties (COP29). The new goal will replace the USD 100 billion annual goal established at COP15…