COP29 Commentary and Recommendations: Global North Disregarding Responsibilities and Deepening Divisions

The New Collective Quantified Goal (NCQG) was designed to rectify the failure of the 2009 $100 billion annual goal, which fell short in both scale and speed, the NCQG should seek to meet the estimated $5–$6.9 trillion required for climate mitigation and adaptation in developing nations. Ultimately, its success depends on establishing an effective system for mobilizing and distributing public funds, in addition to holding developed countries accountable for their financial obligations. In COP29, parties failed to agree to an  NCQG that properly acknowledge loss and damage needs, gender responsive financing, meets the needs of developing countries and realize principles of Just Transition. 

You can find MENAFem’s full analysis and policy recommendations here:
MENAFem_COP29_Responsibilities and Devisions