It is noted that this year the COP29 team set an ambitious goal to increase the volume of climate finance for developing countries to at least $1.3 trillion per year by 2035, as well as to complete the multi-year process of agreeing on the NCQG - the first ever agreed quantitative target for climate finance for developing countries, which is three times larger than the previous climate finance target.
COP29 Presidency has launched the key breakthroughs in Baku webpage, summarising key outcomes and plan for 2025. See link to page here - https://t.co/sXxxGKbFmS
— COP29 Azerbaijan (@COP29_AZ) April 28, 2025
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