How Will the Paris Agreement's Global Stocktake Work?
Summary
The global stocktake is a five-year review process under the Paris Agreement designed to assess collective progress in reducing emissions, building resilience, and aligning financial support. Agreed upon at COP24, the process consists of three phases: information collection (2022), technical assessment, and the communication of findings by the end of 2023. While intended to spur increased ambition for 2025 Nationally Determined Contributions (NDCs), the document notes a lack of clarity regarding the integration of 'loss and damage' and the definition of 'equity' in evaluations. Non-state actors and initiatives like the independent global stocktake (iGST) are highlighted as critical for providing the data and accountability necessary to enhance the process.
Key insights
- The global stocktake serves as a collective review every five years to evaluate progress in three primary areas: emissions reduction, climate resilience, and the alignment of financial support with necessary climate action.
- Agreed upon at COP24 in Katowice, the stocktake follows a three-phase structure: collecting information (including NDCs and IPCC findings) in 2022, a year-long technical assessment period of in-person dialogues, and the communication of findings to country representatives by the end of 2023.
- There are significant gaps in the current framework, specifically the lack of a clear method for incorporating 'loss and damage' (inevitable climate impacts) and a lack of consensus on the definition or benchmarks for 'equity' used to evaluate global efforts.
- The effectiveness of the stocktake depends on timely communication of results to policymakers to influence the development of the next round of Nationally Determined Contributions (NDCs) due in 2025.
- Non-state actors and civil society initiatives, such as the independent global stocktake (iGST), support the official process by providing data, analysis, and accountability to increase ambition within the Paris Agreement.
Cite the original document
- APA
- World Resources Institute (2019). How Will the Paris Agreement's Global Stocktake Work? https://www.wri.org/insights/how-will-paris-agreements-global-stocktake-work
- Chicago
- World Resources Institute. How Will the Paris Agreement's Global Stocktake Work? 2019. https://www.wri.org/insights/how-will-paris-agreements-global-stocktake-work.
- Wikipedia
- {{cite report |author=World Resources Institute |title=How Will the Paris Agreement's Global Stocktake Work? |date=26 November 2019 |url=https://www.wri.org/insights/how-will-paris-agreements-global-stocktake-work |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitute2019how, author = {{World Resources Institute}}, title = {{How Will the Paris Agreement's Global Stocktake Work?}}, institution = {World Resources Institute}, year = {2019}, month = nov, url = {https://www.wri.org/insights/how-will-paris-agreements-global-stocktake-work}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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