🗞️🌍 COP29 Azerbaijan in Baku: Loss and Damage
At the conclusion of COP29, Parties agreed to a New Collective Quantified Goal (#NCQG) of $300 billion a year by 2035, some of which will be allocated to loss and damage. Achieving the NCQG means mobilising finance for mitigation, adaptation, and loss and damage. This requires a joint effort from governments and the private sector, because only then can climate finance align with the #ParisAgreement and #Agenda2030.”





