Why in news The 29th edition of the Conference of Parties (COP) has released its first major negotiating text to determine the success of...
Why in news
The 29th edition of the Conference of Parties (COP) has released its first major negotiating text to determine the success of the two-week conference.
The text outlines options for 190 countries to agree upon, with each country's vote equally important.
A key feature of the text is the New Collective Quantified Goal (NCQG), which asks for $5-6.8 trillion until 2030 to help developing countries meet their climate targets (Nationally Determined Contributions or NDCs).
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