The Paris Agreement requires parties to undertake a global stocktake, or GST, every five years to assess collective progress toward the agreement’s long-term mitigation, adaptation, and finance goals.
A well-informed stocktake process could be a meaningful contribution to the Paris Agreement’s cycle of ambition by providing countries with the impetus and information to enhance their nationally determined contributions (NDCs). This could help to set the world on the right path to achieve the goals of the Paris Agreement.
Environmental Defense Fund and the Center for Climate and Energy Solutions (C2ES) are working together on a project to help shape the global stocktake. As part of this initiative, C2ES and EDF have developed an “opportunities framework” to organize productive consideration of key opportunities for enhanced climate action, and will be developing strategies to take these opportunities forward in the context of the GST.
The framework will better equip decision-makers in countries, sub-national stakeholders, and coalitions to recognize and leverage momentum, technology, and partnerships. This, in turn, could help enhance NDCs, their effective implementation, and wider collective climate action.
Designing a global stocktake
Developed with feedback from several brainstorming sessions with key experts, this paper examines how the GST can deliver a meaningful outcome in an evolving context, takes into account emerging gaps and challenges, and sets out design options.
- Designing a Meaningful Global Stocktake Under the Paris Agreement (C2ES)
- Distilling Critical Signals from the Global Stocktake
To provide the basis for the opportunities framework and engagement strategy, C2ES and EDF have developed three landscape analyses, or surveys of current and emerging research, data, frameworks, initiatives, technologies, policy options, and processes within and without the UNFCCC across mitigation, adaptation, and finance. These analyses also identify, on the basis of the survey, the most effective interventions for enhancing global climate action, as well as those countries and actors that could be the most effective targets or beneficiaries of those interventions.