With very little time left to reach an agreement on the NCQG, this COP session will provide a space to bring together some key voices in this debate – including policymakers, NGOs, youth and thought leaders – to take stock of progress on the ongoing negotiations and provide a forum for exploring creative solutions to some of the remaining blocks.

When and where?

Thursday 14th November, 15.00-16:30 AZT, Side Event room 1.

Participants

• Ali Mohamed, Kenya Climate Envoy & Chair of the African Group of Negotiators
• Gloria Namakula, Ugandan Youth Advocate, She Leads Climate Cohort
• Dr Farah Naureen, Interim Regional Director for Asia, Mercy Corps
• Dr Laetitia Pettinotti, Research Fellow, ODI
• Igor Paunovic, Senior Economist & Chief of the Climate and Development Strategy Unit, UNCTAD
• Kristen Ostling, Senior Advisor Policy & Advocacy, Plan International Canada

More participants to be confirmed.

For other opportunities to hear from the Zurich Climate Resilience Alliance at COP29, see our main event page.

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The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change, COP29, will run from 11th – 22nd November 2024. While there are always many negotiating tracks and policy issues occurring at COPs, COP29 has been dubbed ‘the Finance COP’ because the new climate finance goal – the New Collective Quantified Goal (NCQG) – is the big decision item.

What needs to happen at COP29

Members of the Alliance will be in Baku, sharing evidence from our resilience-building programmes and engaging with the following policy areas:

• NCQG
• Loss and Damage
• Adaptation and the Global Goal on Adaptation
• Climate action in Fragile and Conflict affected states (FCAS)
• Early Warnings for All initiative

See here for more on what needs to happen at COP29 to make progress towards a resilient future.

Hear from the Zurich Climate Resilience Alliance at COP29 events

14 November, 15:00 – 16:30 AZT – Last push for an ambitious and equitable NCQG that meets developing countries needs

With very little time left to reach an agreement, this event looks at the steps to achieve an ambitious, equitable and fit-for-purpose NCQG: ensuring public grant-based finance is the bulk of the goal, firmly based on the principles of equity and CBDR-RC, to truly meet developing countries’ needs. More details can be found here.

15 November, 18:30 – 20:00 AZT – Closing the finance gap: adaptation finance flows and connections with L&D to the local level

This side event will explore urgently needed solutions to deliver climate finance to local levels. The discussion will focus on community accessing finance to local level on adaptation connection with loss and damage, emphasizing scale, community access, and gender-responsive action.

18 November, 16:45 – 18:15 AZT – A Holistic Approach to Finance for Climate-Resilience and Just Development: From Evidence to Action

Addressing the urgent need for climate resilience and justice, this event presents a model-based assessment of equitable financial needs for mitigation, adaptation, and loss and damage. Taking a holistic approach, it explores how quantitative insights and justice-focused pathways can be translated into action.

Please check back for updates as more events are confirmed.

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This webinar marked the launch of the Zurich Climate Resilience Alliance’s latest report, Making climate finance work for all: Five tests for a robust New Collective Quantified Goal (NCQG), and comes at a crucial time as global leaders have limited time left to negotiate, consider options and make informed decisions to ensure they reach an ambitious goal that meets the evolving needs of developing countries.

Participants:

• Dr Laetitia Pettinotti, Research Fellow, ODI
• Isobel Bartholomew, UK Climate Finance Negotiator
• Dr Christopher Bartlett, Loss and Damage Contact Point, Government of Vanuatu
• Debbie Hillier, Head of the Zurich Climate Resilience Alliance for Mercy Corps

The post WEBINAR – Making climate finance work for all: little time left to agree an ambitious NCQG appeared first on Zurich Climate Resilience Alliance.

Mirianna Budimir, the Zurich Flood Resilience Alliance’s Early Warning Systems (EWS) Lead, will be attending the Understanding Risk Forum and co-hosting a Focus Day with the Risk-informed Early Action Partnership and the UK Met Office on the topic of EWS.

UP – Unifying Partners Old and New to Ensure Warnings Save Lives.

Date: Thursday 20th June, Time: 9am – 6pm JST

A series of interactive sessions will help fill knowledge gaps in key areas and explore new ways of improving our approaches to early warnings early action (EWEA) programming and finance. These sessions will explore themes such as understanding forecast uncertainty, who needs to be at the centre of EWS, the use of tradition and innovation to build resilience, EWEA in conflict research and applications, and innovation related to early action finance.

During this Focus Day, Mirianna will also be leading a session on who are the people at the centre of EWS and sharing how the Missing Voices Approach is used to get insights into marginalised people’s needs in EWS.

Full details on the Understanding Risk Forum can be found here.

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The 60th sessions of the Subsidiary Bodies will take place from 3-13 June 2024 at the World Conference Center Bonn. In partnership with ODI, the Zurich Flood Resilience Alliance will host an event on making climate finance work for all.

Making climate finance work for all: how to agree an ambitious NCQG

Date: Tuesday 4th June, 16.15 – 17.30 CEST

Venue: Berlin room, World Conference Center Bonn, Germany

The existing climate finance governance is inequitable, fails to adequately serve the needs of developing countries and has thus far proven insufficient in advancing climate justice. Hence, the NCQG, with its focus on scaling up financial support beyond the existing $100 billion annual target, offers a chance to right the wrongs of the previous political compromise and significantly enhance funding for resilience-building efforts in developing countries.

Bringing together thought leaders and changemakers in international climate finance and policy, the event aims to inform key political issues at the forefront of NCQG negotiations including:

• The importance of a goal with a core of public grant-based financing, the need for a distinction between provided and mobilized finance, and a discussion around what the role of mobilised finance should be.
• The importance of equity and CBDR-RC principles in the new goal and how this will affect the contributor base.

Participants

• Thibyan Ibrahim, Coordinator on Climate Finance for AOSIS
• Debbie Hillier, head of the Zurich Flood Resilience Alliance for Mercy Corps
• Laetitia Pettinotti, Research Fellow, ODI
• Bertha Argueta, Senior Advisor for Climate Finance and Development, Germanwatch
• Hendrikje Reich, Senior Climate Finance Policy Advisor, Federal Foreign Office of Germany

Full details of the Bonn Climate Change Conference can be found here.

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