Current Affairs · Climate Change Agreements
The term 'New Collective Quantified Goal' (NCQG), frequently seen in environmental news, refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A global fund for compensating loss and damage caused by extreme climate events in both developed and developing nations.
- 2A strategy by developed nations to reduce greenhouse gas emissions by 50% by 2030.
- 3A new climate finance target to replace the $100 billion per year goal for supporting climate action in developing countries.✓
- 4A financial mechanism under the Paris Agreement to provide subsidies for renewable energy technologies globally.
Correct answer
A new climate finance target to replace the $100 billion per year goal for supporting climate action in developing countries.
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