In its latest publication “NDCs, NCQG, and Financing the Transition” the ETC clarifies the nature and scale of different types of finance required, and proposes four principles to ensure a useful conclusion of the NCQG debate. It also explains the vital role that updated Nationally Determined Contributions (NDCs) can and must play in unleashing financial flows. Through frameworks like the NCQG and NDCs, countries can set ambitious goals backed by policies that attract large-scale investments from the private sector and can meet the majority of finance needs for climate mitigation and adaptation.