Developing countries resist the expansion of NCQG contributor base | Global News

Developing countries are pushing back against proposals to expand the contributor base to include high income, developing countries to the New Collective Quantified Goal (NCQG), stating that it would violate the provisions of the Paris Agreement. The agreement specifies that money should flow from developed to developing countries, highlighting the financial responsibility of developed nations. The debate over expanding contributors has sparked discussions on the quantum of funding needed for climate action, with some proposing figures ranging from $440 billion to $900 billion. The Like Minded Developing Countries group has made it clear that renegotiating the Paris Agreement is a red line and that any contributions by developing countries should be voluntary. Observers are waiting for a package of draft texts to be released, including the NCQG, Just Transition Work Program, Mitigation Work, and Adaptation, among others. UN Secretary-General Antonio Guterres is expected to join the negotiations in Baku to help parties reach a consensus. While there are red lines and disagreements over funding targets, there is hope that some points of consensus may emerge. Developing countries are urging developed nations, particularly the EU, to show strong leadership in providing financial support to address the urgent climate crisis.

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