The twenty-third edition of the report focuses on three key trends in global climate finance: the Climate Policy Initiative (CPI)’s global climate finance tracking report, which emphasizes a new funding classification framework and the innovative mechanism of blended finance; the potential impact of the U.S. presidential election on climate policy, particularly regarding whether Trump will withdraw the U.S. from the Paris Agreement; and the UN Environment Programme report that analyzes the quantification of funds for climate adaptation.Additionally, the special feature examines the outcomes of negotiations at the COP29 conference, with a particular focus on the challenges and opportunities related to the New Collective Quantified Goal on Climate Finance (NCQG).