This report on the Paris Agreement`s Global Stocktaking Mechanism (GST) seeks to understand how countries are applying the UNFCCC Guidelines at the national level and what impact these results will have on the design and exploitation of the 2023 GST results as an important contribution to the next round of Nationally Determined Contributions (NDCs) in 2025. Learn more about the global inventory in this video moderated by Christiana Figueres. This work is part of a project funded by the European Union`s Horizon 2020 research and innovation programme under Grant Agreement No 642147 (CD-LINKS) and supported by the European Union`s Horizon 2020 research and innovation programme under Grant Agreement No 821471 (ENGAGE) and the European Union`s DG CLIMA and EuropeAid under Grant Agreement No 21020701/2017/770447/SER/CLIMA. C.1 EuropeAid/138417/DH/SER/MulitOC (COMMIT). S. F., K. O.: Supported by the Environmental Research and Technological Development Fund (2-1908 and 2-1702) of the Environmental Restoration and Conservation Agency. J. D., K. K.: The opinions expressed are solely those of the author and can in no way be considered as the official position of the European Commission. The Paris Agreement enshrines global goals, national commitments and multilateral processes to progressively strengthen global efforts to combat climate change. The agreement adopted in 2015 within the framework of the United Nations.
The Framework Convention on Climate Change (UNFCCC) has now been ratified by ⦠The other thing to include in the stocktaking is the recent report of the Intergovernmental Panel on Climate Change (IPCC), the Un-backed scientific panel that reviews and draws conclusions from all published climate science in 5- to 6-year cycles. IPCC reports provide the scientific basis on which the world takes action on climate. In Phase 3, the results of the evaluation are integrated into the political process. The aim is to help the parties to the Paris Agreement to improve both their climate change policies and the measures they take to support other parties. The results will also be used to promote international cooperation. On this point, it is unclear how the results will be documented – perhaps a political declaration or even a formal decision of the Conference of the Parties. In line with the demands of developing countries, the stocktaking will include not only the results of measures to reduce greenhouse gas emissions, but also measures to adapt to the effects of climate change. It will also include an assessment of whether developed countries are providing adequate assistance to developing countries by providing them with money and technology, as required by the Paris Agreement.
The independent Global Stocktake (iGST) aims to increase the accuracy, transparency, accountability and relevance of the Global Stocktake`s formal benchmarking process by bringing together independent researchers and advocates. In this paper, building on previous work, we aim to identify knowledge gaps as well as potential areas of interest for a successful GST. Countries noted in their decision that they might wish to refine the procedural and logistical elements of the global stocktaking to take into account lessons learned and experience gained, but did not provide a date or timetable for such a review. They also noted that sources of information needed to be taken into account and supplemented for the balance sheet. The Paris Agreement, which marked its days, requires an assessment of collective progress every five years as part of the regular process to increase the ambitions of countries` climate commitments. This analysis, known as the Global Balance Sheet (GST), is a key element of the Paris Agreement and provides a solid foundation for countries to take bolder climate action. The Working Group on Adaptation (ATG) will explore practical approaches and recommendations to better integrate private sector information on climate risk management and adaptation activities into national and global adaptation assessments. The analysis is conducted from the perspective of the private sector and government stakeholders. The AWG hopes that its work will lead to recommendations to better integrate private sector adaptation and climate risk mitigation efforts into the national adaptation balance.
As the first global stocktake is not expected until the end of 2023, it will not be on the agenda of this year`s COP25 in Madrid. However, it is essential to plan ahead to ensure that the process delivers on its promises. The iGST will aim to exchange views during COP25 and in the coming months on how to effectively shape the global balance sheet and ensure that relevant research and analysis feed into the results. King, L.C. & van den Bergh, J.C.J.M. Standardize the NDCs of the Paris Agreement to improve transparency and ambition. Surround. Res. Lett. 14, 84008 (2019). iGST aligns the independent community – from modellers and analysts to activists and advocates – so that together we can push for a robust TPS that enables countries to take more climate action.
Recognizing the political realities that limit the formal process, the TPSi aims to go beyond the GST to ensure that the timing of the inventory has maximum positive impact. Collect and prepare information to take stock of progress. In 2022, the information gathered will include the latest Nationally Determined Contributions (NDCs), the latest scientific evidence from the United Nations Intergovernmental Panel on Climate Change, and reports from each country on their progress in meeting their commitments under the Transparency Framework. The results show that if no additional measures are taken beyond the currently implemented national climate policies, greenhouse gas emissions are expected to increase significantly between 2015 and 2030, although by 5.3% less than the hypothetical situation if these measures had not been implemented. Together, current national policies leave an average total global emissions gap of 22.4 gigatonnes of CO2 equivalent (GtCO2eq) by 2030 with an optimal cost-related emission trajectory of 2°C and 28.2 CcCO2eq with a trajectory of 1.5°C. The global emissions gap of 2°C can be reduced by a third if conditional NDCs were fully implemented, which would close the global implementation gap but still leave a significant gap in ambition. For seven major countries (China, the United States, India, the European Union, Japan, Brazil and the Russian Federation), the implementation of the policy is expected to reduce emissions at the national level by 0-9% (median estimates) compared to the hypothetical situation if no policy is implemented. This leaves a small implementation gap for China, India, Japan and the Russian Federation as they are on the verge of reaching their NDC, while this is not the case for the European Union, the US and Brazil, but their ambition gap is smaller as cdns are close to the optimal 2°C trajectories in terms of costs.
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