The new #adaptationfinance goal complements the international climate finance goals (NCQG) agreed at COP29 last year.
Because it was set within the framework of the #NCQG, developed countries take the lead, all #MDB outflows can count, and other countries are encouraged to contribute voluntarily.
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Nearly a year since governments agreed on a set of new international climate finance goals, here’s an assessment of progress and what COP30 needs to deliver to keep on track.