Baku, Azerbaijan – Greenpeace Africa has voiced strong dissatisfaction with the New Collective Quantified Goal (NCQG) on climate finance unveiled at COP29, calling it a missed opportunity to address Africa’s urgent climate needs.
While the text recognizes the staggering funding requirement of up to $6.8 trillion by 2030, it lacks concrete mechanisms to ensure delivery.

Fred Njehu, Greenpeace Africa’s Pan-African Political Strategist, criticized the absence of enforceable measures to make polluters pay for climate damage.
He noted that despite 10,000 Africans demanding action through a petition, the document offers only vague acknowledgments and undefined targets.
Dr. Lamfu Yengong, Forest Campaigner at Greenpeace Africa, highlighted the risks to vulnerable communities without clear financial commitments, stressing the need for non-debt-inducing finance to close the adaptation gap.
While Greenpeace welcomed provisions for grant-based financing and renewable energy promotion, they demanded stronger measures, including a fossil fuel phase-out and guaranteed funding for those most affected by climate change.