Perspectives of the Global South on the NCQG

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This process aims to determine a quantified goal, framed by Article 2 of the PA and relates to developing countries needs and priorities to enhance the global response to climate change within the framework of sustainable development; efforts to eliminate poverty, and aligning financial flows with a trajectory toward low greenhouse gas (GHG) emissions and climate-resilient development. This goal(s) needs to be built upon the floor of the current mobilization goal of USD 100 billion per year as well as on the lessons learned from its negotiation and implementation. It must consider various aspects such as quantity, quality, scope, and access features, along with funding sources and transparency arrangements to track progress (UNFCCC 2015, 2018, 2021 a, 2022 a and 2023 a).

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