Roadmap

Discuss how international financial institutions can complement the Loss and Damage architecture by providing predictable, grant-based support for slow-onset events and climate-related mobility, while avoiding additional debt burdens

Discussions should shift from NDC ambition to implementation at scale, focusing on how international financial institutions can help close the financing gap facing developing countries through country platforms, policy-based finance, and risk-sharing instruments

The Bonn discussions should prioritize operational coherence across the WIM, the FRLD, and the Santiago Network,and how the forthcoming State of Loss and Damage Report and BTR guidance will inform funding decisions and technical support.

Parties should discuss and address how the projected 12% emissions reduction by 2035 can be strengthened to avoid overshooting 1.5°C, especially through enhanced ambition and support from developed countries.

Present real-world examples of high-impact country platforms and extract key lessons and best practices for replication and adaptation across regions.

Discussions must emphasize international coordination to align climate ambition with resilient and inclusive green supply chains, including finance, standards, and technology transfer. A priority is strengthening cooperation between governments, MDBs, and the private sector to support industrial transformation in emerging and developing economies.

During the UN General Assembly, the UN Climate Summit saw some new NDCs come forward and ~100 countries reach agreement to finalize NDCs before COP30. Notable announcements included China’s NDC, which included an economy-wide target for the first time, and NDCs from Russia and Turkey.

Indicated rising demand for carbon dioxide removal (CDR) credits and portfolio balancing between nature-based and renewable credits, with signals that domestic markets will need robust methodologies and registries to integrate removals credibly.

Despite being a major point for discussion at the Annuals Meetings, there was no major movemnet or commitments from offical communiques or Global Soveriegn Debt Roundtable around reform of the sovereign debt architecture. Transparency about loans from commercial banks was a key theme in discussions, as well as non-bonded commercial debt which continues to be a challenge in restructuring negotiations. The participation of both the US and China in the discussions despite geopolitical tensions was a positive note.

The IMF was urged to remove barriers to the effective use of existing Special Drawing Rights, to complete the 16th General Review of Quotas without delay, and to explore mechanisms for the regular issuance of SDRs beyond exceptional crisis circumstances.