Cop29 2025 Nfl. Cop29 launched a new global target for climate finance that will see developed countries “take the lead” in raising $300bn a year for developing countries by 2035. This target was met for the first time in 2022 (two years later than the original 2020 target year).

With the february 2025 deadline for updated ndcs fast approaching, cop 29 marks an important moment for parties to present their climate plans. The ncqg was introduced under the paris agreement and is intended to replace.