New Collective Quantified Goal Tenth Technical Expert Dialogue and Second Meeting of the Ad Hoc Work Programme Submission

The Heinrich Böll Foundation's submission to the 10th Technical Expert Dialogue (TED10) and the 2nd Meeting of the Ad Hoc Work Programme (MAHWP2) on the New Collective Quantified Goal (NCQG) highlights key priorities for advancing climate finance discussions. The submission emphasizes the importance of integrating human rights-based and gender-responsive approaches to ensure equity both within and between countries. It calls for elevating the voices of marginalized and vulnerable communities, including women, Indigenous Peoples, youth, and workers, who are often overlooked in climate finance discussions. The submission advocates for these groups to have greater participation in shaping the NCQG to ensure the framework reflects their needs and realities.

Moreover, the foundation underscores the need for improved transparency, concessionality, and accessibility in climate finance. It stresses the importance of public finance, particularly grant-based support, as a core component of the NCQG’s quantitative and qualitative elements. By drawing on lessons learned from the shortcomings of the 100-billion-dollar goal, the submission outlines recommendations for setting ambitious and realistic financial targets that support developing countries in their climate actions. The Heinrich Böll Foundation also pushes for the NCQG to prioritize simplifying access to finance for local communities, especially through small grants, and ensuring that climate funds are allocated to the most vulnerable populations.