PH asks nations to hike financial support to address climate change

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PH asks nations to hike financial support to address climate change
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The Philippines called for urgent international cooperation to finalize the New Collective Quantified Goal on Climate Finance (NCQG) before 2025. The NCQG

The Philippines called for urgent international cooperation to finalize the New Collective Quantified Goal on Climate Finance before 2025.

Tiuseco delivered the remarks at the 2024 High-Level Ministerial Dialogue on the NCQG on Climate Finance on Oct. 9, 2024 in Baku, Azerbaijan. It gathered ministers and deputy ministers around the world to identify and discuss solutions for the progress that must be made at COP29 across all pillars of the Paris Agreement with the NCQG as the centerpiece.

She said a five-year time frame with a mandatory periodic assessment and review beginning in the third year to reflect country-driven needs assessment should be adopted.

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