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CLIMATE CHANGE

COP29 presidency meets with NGO coalition to discuss climate finance agenda

September 11, 2024 • 2 min read

September 11, 2024

By Samuel Ogunsona

In a virtual meeting on September 10, 2024, the President-Designate of COP29, Mukhtar Babayev, engaged with members of the COP29 NGO Coalition, comprising 260 NGOs from 60 countries.

The Yoruba Times reporter was present at the meeting.

The discussion focused on climate finance, with Nigerian representatives emphasizing the need for consensus on the New Collective Quantified Goal (NCQG) and increased funding for adaptation and loss and damage measures.

Nigerian delegates urged the COP29 Presidency to prioritize climate finance, proposing NGO-specific grants to support grassroots initiatives in developing countries.

In their submissions, Nigerian representatives also proposed several measures to support victims of climate disasters. They called for the establishment of a Global Climate Solidarity Fund that would focus on providing immediate financial assistance to countries devastated by climate-related disasters.

“These actions not only strengthen global cooperation but also ensure that the most vulnerable voices, including those from Nigeria, are heard,” said a representative from the Nigerian delegation.

The suggested Global Climate Solidarity Fund is to provide immediate financial assistance to countries affected by climate-related disasters in developing countries.

The meeting highlighted the importance of collaboration between governments, international institutions, and local actors to ensure climate finance reaches those most in need. The COP29 NGO Coalition, representing a broad spectrum of civil society, plays a crucial role in ensuring that NGOs contribute their views to the climate talks.

With COP29 approaching, the meeting underscored the need for unified efforts to address the global climate finance agenda, with Nigerian voices contributing to shaping the future of climate action.