Second Brief on NCQG simplified negotiation options

The briefing outlines a comprehensive framework of negotiation options for the NCQG, covering its preamble, the needs of developing countries, fundamental principles, temporal scope, and the structure of the goal. It details various proposals for the quantum of finance—ranging from USD 441 billion to 2.4 trillion—and suggests mechanisms for determining this amount based on developing country needs and temperature goals. Additionally, the document proposes qualitative elements regarding gender, human rights, and technology transfer, as well as specific enhancements for access to finance, levels of concessionality, and transparency arrangements for tracking progress.

• The document identifies a significant gap in climate finance, noting that the needs of developing country Parties for the pre-2030 period are currently estimated at USD 5.8–5.9 trillion.
• Proposed quantitative options for the NCQG vary widely, with specific figures mentioned including USD 441 billion, 1.1 trillion, 1.3 trillion, and 2.4 trillion, alongside options based on percentages of GDP or GNI.
• Negotiation options for the temporal scope of the NCQG include timeframes of 5 years (2025-2029 or 2026-2030), 10 years (2025-2034 or 2026-2035), or extensions up to 2050, 2060, or 2070.
• The document suggests that the quantum of the goal could be determined using a 'bottom-down approach' based on the needs of developing countries, IPCC reports, and the 2023 Adaptation Gap Report.
• Proposed access enhancements for climate finance include the simplification of approval procedures, the accreditation of national agencies, and the establishment of minimum floors for recipients such as Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
• To ensure debt sustainability, the document proposes specific minimum concessional financial terms, including interest rates of 1% or below, grace periods of 5 years or more, and maturity periods of 20 years or more.
• Transparency arrangements for the NCQG may be managed primarily through the Enhanced Transparency Framework (ETF), with potential updates to its modalities to be reviewed in 2028.

APA

Carbajal, A. L., Acuña, J. S., & Mateus, A. (2024). Second Brief on NCQG simplified negotiation options. Transforma. https://transforma.global/wp-content/uploads/2025/05/240809-V2-Second-Brief-on-NCQG-simplified-negotiation-options.pdf

Chicago

Carbajal, Alejandra Lopez, Jimena Solano Acuña, and Angelica Mateus. Second Brief on NCQG simplified negotiation options. Transforma, 2024. https://transforma.global/wp-content/uploads/2025/05/240809-V2-Second-Brief-on-NCQG-simplified-negotiation-options.pdf.

Wikipedia

{{cite report |last1=Carbajal |first1=Alejandra Lopez |last2=Acuña |first2=Jimena Solano |last3=Mateus |first3=Angelica |title=Second Brief on NCQG simplified negotiation options |publisher=Transforma |date=1 August 2024 |url=https://transforma.global/wp-content/uploads/2025/05/240809-V2-Second-Brief-on-NCQG-simplified-negotiation-options.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{carbajal2024second, author = {Carbajal, Alejandra Lopez and Acuña, Jimena Solano and Mateus, Angelica}, title = {{Second Brief on NCQG simplified negotiation options}}, institution = {Transforma}, year = {2024}, month = aug, url = {https://transforma.global/wp-content/uploads/2025/05/240809-V2-Second-Brief-on-NCQG-simplified-negotiation-options.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }