1. Inclusion of Loss and Damage as a Subgoal in the New Collective Quantified Goal (NCQG)
- Author:
- International Centre for Climate Change and Development (ICCCAD)
- Publication Date:
- 11-2024
- Content Type:
- Policy Brief
- Institution:
- International Centre for Climate Change and Development (ICCCAD)
- Abstract:
- The policy brief demonstrates how incorporating Loss and Damage (L&D) into the New Collective Quantified Goal (NCQG) being discussed currently at COP 29 will address not only the equity gap for developing countries, but also provide a well-rounded and well-defined climate finance landscape. By anchoring L&D as a distinct component within the NCQG, developing countries can secure finances to respond to unavoidable climate impacts and non-economic loss and damage, ensuring a more comprehensive and just response to the climate crisis.
- Topic:
- Climate Change, Development, Climate Finance, Equity, Loss and Damage (L&D), and Conference of the Parties (COP)
- Political Geography:
- Global Focus