COP29 closing plenary: Final steps toward climate action live

The final plenary session of COP29 is now in progress, bringing together delegates for the 29th Conference of the Parties to the UN Framework Convention on Climate Change. 

One of the key developments ahead of today’s session was the release of a revised draft for a New Collective Quantitative Goal (NCQG) on climate finance, Caliber.Az reports.

The proposal sets an ambitious annual target of $300 billion by 2035, calling on developed nations to take the lead in financing climate initiatives for developing countries.

With key draft decisions and conclusions prepared, today’s plenary is poised to adopt critical measures that could redefine global climate finance and cooperation. Stay tuned as the world’s leaders finalize steps toward a sustainable future.