Group of Seventy-Seven (G77)
The G77 is the largest intergovernmental organization of developing nations at the UN. It promotes South-South cooperation, collective economic interests, and enhanced joint negotiating capacity.
G77+China Coordination on Climate Finance Demands
- The group demands that developed nations fulfill the $1.3 trillion annual climate finance goal.
- They emphasise the principle of Common But Differentiated Responsibilities (CBDR) in all negotiations.
- At COP29 and COP30, they pushed for "non-debt-creating" finance to avoid debt traps.
- The group advocates for the full operationalisation of the Loss and Damage Fund.
- They call for doubling adaptation finance to address immediate climate vulnerabilities in poor nations.
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