Lidy Nakpil: Developed countries' climate finance proposal unacceptable

Lidy Nakpil: Developed countries' climate finance proposal unacceptable The proposal from developed countries regarding the new collective quantitative goal (NCQG) for climate financing is unacceptable, Lidy Nakpil, a representative of the Pacific Movement for Reparations and Development, told journalists, according to Report
COP29
November 23, 2024 17:43
Lidy Nakpil: Developed countries' climate finance proposal unacceptable

The proposal from developed countries regarding the new collective quantitative goal (NCQG) for climate financing is unacceptable, Lidy Nakpil, a representative of the Pacific Movement for Reparations and Development, told journalists, according to Report.

"This deal is unacceptable. We would rather fight for another year than agree to a really bad deal. We call on developing country governments to reject it; that's better than what they're offering us," she said.

According to Nakpil, the NCQG goals presented by developed countries seem more like a joke and are offensive.

She also expressed satisfaction with the fact that governments of Global South countries also disagree with the NCQG proposal made.

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