Knowledge (XXG)

Global stocktake

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68:, the Paris Agreement stipulates that Parties must regularly update their NDCs, that the updated NDCs must not fall short of the targets applicable prior to the update and that they should reflect the highest possible level of ambition. In addition, a Global Stocktake is carried out once every five years to assess the collective progress made towards achieving the long-term goals. The outcomes of the stocktake are to be taken into account when developing nationally determined contributions. The Global Stocktake is thus a fundamental component of the Paris Agreement in that it regularly takes stock of progress made and provides a basis for use in updating Parties' NDCs. 184:
Parties' reports compiled under the transparency framework are a vital source of information in conducting the Global Stocktake, the first Global Stocktake will have to build on earlier reporting requirements. These have numerous informational gaps, however, and it is uncertain as to what extent those gaps can be filled using other sources of information. For example, it is conceivable that greater use could be made of analyses and recommendations from non-governmental stakeholders, including
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entering into a series of technical dialogues to discuss the information gathered in Phase 1. Phase 2 is also used to highlight the opportunities to strengthen and enhance response measures in dealing with climate change. The results are documented in a series of reports, including summary reports of
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Phase 1 involves collecting and preparing information needed to conduct the stocktake. Information is taken from various sources. In addition to Parties' nationally determined contributions (NDCs) and the associated reports submitted under the Paris Agreement, the most recent scientific findings of
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The Paris Agreement marked a turning point in international climate policy. Binding under international law and global in scope, it not only sets out ambitious global goals, such as limiting the rise in average global temperature to well below 2 °C compared with pre-industrial levels, but also
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and observer organisations are also used. The information gathered is published in the public domain and also collated in the form of synthesis reports. Individual reports are also prepared on various focus topics – mitigation, adaptation, means of implementation, and cross-cutting issues – and on
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In Phase 3, the outcomes of the assessment flow into the policy process. The aim here is to support Parties to the Paris Agreement in enhancing both their climate change policies and the action they take to support other Parties. The outcomes are also used to promote international cooperation. On
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The first Global Stocktake will take place in 2023. However, the transparency framework established by the Paris Agreement, which requires each individual state to report on the status of implementation of its NDC targets, and its national emissions, will not come into effect until 2024. Since
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The Paris Agreement requires its signatory states (known as Parties) to regularly formulate their own climate action plans, so-called nationally determined contributions (NDCs), and to implement measures that help them achieve their climate action goals. There is, however, no obligation under
52:, states' individual contributions are not negotiated at international level and achievement of set targets is not binding. To ensure that the targets are implemented nonetheless, international-level review and transparency mechanisms have been made integral to the Agreement. 349:
Friedrich, J. (2017), D. R. Klein, M. P. Carazo, M. Doelle, J. Bulmer, & A. Higham (ed.), "Global Stocktake (Article 14)", The Paris agreement on climate change: Analysis and commentary, Oxford, United Kingdom: Oxford University Press., pp.
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in Paris, however, the view prevailed that the Global Stocktake should take in all three. As part of the Global Stocktake, Article 14 of the Paris Agreement lists adaptation and the means of implementation and support.
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In this way, it is hoped that the Global Stocktake will become a driver of ambition. However, the Global Stocktake takes a collective rather than an individual approach. This means that individual
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Parties are, however, required to regularly report on their progress in implementing their NDCs and the reports are subject to international peer review. In addition to this
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Bodansky, D. (2016), The Legal Character of the Paris Agreement. Review of European, Comparative & International Environmental Law, pp. 142-150, doi:10.1111/reel.12154
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which is used to monitor its implementation and evaluate the collective progress made in achieving the agreed goals. The Global Stocktake thus links implementation of
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are not singled out and the outcomes of the stocktaking process should not allow conclusions to be drawn about the state of implementation in individual states.
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Northrop, E., Dagnet, Y., Höhne, N., Thwaites, J., & Mogelgaard, K. (2018), Achieving the ambition of Paris: Designing the Global Stocktake.
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In Phase 2, the information is assessed for collective progress in implementing the Paris Agreement and its long-term goals. This sees various
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this point, it is unclear as to how the outcomes are to be documented – perhaps a political declaration or even a formal decision by the
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The modalities for implementation agreed at the Climate Change Conference in Katowice provide for three stocktake phases:
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Technical dialogue of the first global stocktake. Synthesis report by the co-facilitators on the technical dialogue
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Identify the approaches that can be taken to enhance their own efforts at national and international level.
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introduces an innovative architecture that gives Parties considerable leeway in setting their own
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The Global Stocktake is designed to raise ambition by helping Parties to:
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has been the subject of controversial debate. In the run-up to the
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The question of whether the Global Stocktake should be limited to
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Identify what still needs to be done to achieve their NDC targets.
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Phase 3: Political messages derived from the technical assessment
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See what they have achieved so far in implementing their NDCs.
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each technical dialogue and the final synthesis report.
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international law for Parties to achieve their NDCs.
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Index

Paris Agreement
nationally determined contributions
COP28
climate change
international environmental law
Enhanced Transparency Framework
countries
mitigation
adaptation
climate finance
Climate Change Conference
Intergovernmental Panel on Climate Change
non-governmental stakeholders
greenhouse gas emissions
stakeholders
Conference of the Parties
civil society
companies
city administrations
Pledge and review
Technical dialogue of the first global stocktake. Synthesis report by the co-facilitators on the technical dialogue
"What is Global Stocktake?"


"Key Points of the Paris Climate Pact"
ISSN
0362-4331


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