Untangling the Finance Goal: An Introduction to the New Collective Quantified Goal

The document introduces the new collective quantified goal (NCQG), which is intended to replace the previous commitment of developed countries to mobilize US$100 billion per year by 2020. The NCQG will be adopted at COP29 in 2024, using the $100 billion figure as a floor while considering the needs and priorities of developing countries. The paper identifies several critical negotiation topics necessary for the goal's success, including its quantity, thematic scope, time frame, contributor base, and transparency arrangements. Formal deliberations on these elements have been ongoing since COP25 in 2019 through technical expert dialogues and high-level ministerial dialogues.

• The new collective quantified goal (NCQG) is scheduled for adoption at COP29 in 2024 and will be established using the previous US$100 billion annual target as a minimum baseline, while focusing on the priorities of developing nations.
• Negotiations for the NCQG began formally at COP25 in 2019 and have progressed through various mechanisms, including high-level ministerial dialogues (HLMDs), technical expert dialogues (TEDs), and submissions.
• The successful adoption of the NCQG depends on resolving several key negotiation topics, specifically the goal's quantity, time frame, thematic scope, transparency arrangements, and the identification of who should contribute.

APA

World Resources Institute (n.d.). Untangling the Finance Goal: An Introduction to the New Collective Quantified Goal. https://www.wri.org/research/untangling-finance-goal-introduction-new-collective-quantified-goal

Chicago

World Resources Institute. Untangling the Finance Goal: An Introduction to the New Collective Quantified Goal. n.d. https://www.wri.org/research/untangling-finance-goal-introduction-new-collective-quantified-goal.

Wikipedia

{{cite report |author=World Resources Institute |title=Untangling the Finance Goal: An Introduction to the New Collective Quantified Goal |url=https://www.wri.org/research/untangling-finance-goal-introduction-new-collective-quantified-goal |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutenduntangling, author = {{World Resources Institute}}, title = {{Untangling the Finance Goal: An Introduction to the New Collective Quantified Goal}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/untangling-finance-goal-introduction-new-collective-quantified-goal}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }