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A climate finance goal that works for developing countries | UNCTAD

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After years of failing to meet climate finance commitments, the new climate finance goal under discussion this week in Bonn is critical, but without supporting reforms of the global financial architecture we risk repeating past mistakes. As cities across North America are covered with clouds of smoke caused by wildfires in Canada, negotiations on the New Collective Quantified Goal for climate finance continue this week in Bonn.

Default image copyright and description © Shutterstock/ Sk Hasan Ali | Residents flee floods in Dhaka, Bangladesh. After years of failing to meet climate finance commitments, the new climate finance goal under discussion this week in Bonn is critical, but without supporting reforms of the global financial architecture we risk repeating past mistakes. As cities across North America are covered with clouds of smoke caused by wildfires in Canada, negotiations on the New Collective Quantified Goal for climate finance continue this week in Bonn. This goal will replace the climate finance commitment

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