What is Global Stocktake (GST)?
Historical Background
Key Points
8 points- 1.
Purpose: To assess the collective progress towards achieving the Paris Agreement's long-term goals.
- 2.
Scope: Covers mitigation reducing emissions, adaptation adjusting to climate impacts, and means of implementation and support finance, technology transfer, capacity building.
- 3.
Frequency: Occurs every five years, with the first one concluding at COP28.
- 4.
Outcome: Provides a comprehensive picture of where the world stands, identifies gaps, and highlights opportunities for enhanced action and support.
- 5.
Informing NDCs: The findings of the GST are intended to inform Parties in preparing their next round of NDCs, encouraging greater ambition.
- 6.
Phases: Involves three phases: information collection and preparation, technical assessment, and consideration of outputs.
- 7.
Equity: The assessment is conducted in a comprehensive and facilitative manner, considering equity and the best available science.
- 8.
Collective, not individual: Focuses on collective progress, not individual country performance, to foster cooperation.
Visual Insights
Global Stocktake (GST) Process under Paris Agreement
This flowchart illustrates the cyclical process of the Global Stocktake (GST), a key accountability mechanism of the Paris Agreement, showing how it assesses collective progress and informs future climate action.
- 1.Start of GST Cycle (Every 5 years, e.g., 2021)
- 2.Phase 1: Information Collection & Preparation
- 3.Phase 2: Technical Assessment (Review of NDCs, progress on mitigation, adaptation, finance)
- 4.Phase 3: Consideration of Outputs (High-level political discussion, identification of gaps & opportunities)
- 5.Outcome: GST Decision/Summary (e.g., COP28 decision)
- 6.Inform Parties for Next Round of NDCs (Enhanced ambition)
- 7.End of GST Cycle (e.g., 2023 for 1st GST)
- 8.New GST Cycle Begins (e.g., 2026 for 2nd GST)
Global Stocktake (GST) Cycles: Past, Present, Future (2021-2028)
This timeline outlines the first and upcoming cycles of the Global Stocktake (GST), providing a chronological context for this crucial mechanism of the Paris Agreement.
The Global Stocktake is a relatively new mechanism, designed to ensure the Paris Agreement's goals remain within reach. Its cyclical nature ensures regular assessment and adjustment of global climate efforts, making its timeline crucial for understanding ongoing climate governance.
- 2015Paris Agreement adopted, establishing the Global Stocktake (GST) mechanism.
- 2021First GST cycle officially begins.
- 2022Technical Dialogue phase of the first GST cycle.
- 2023COP28 (Dubai): First GST cycle concludes, delivering key findings on collective progress and ambition gaps.
- 2024-2025Countries prepare for next round of NDCs, informed by first GST outcomes.
- 2026Expected commencement of the second GST cycle.
- 2028COP33: Expected conclusion of the second GST cycle.
Recent Developments
4 developmentsThe news highlights that the 'global stocktake' at COP28 delivered the 'surprising fact: the world is still far off track from meeting the Paris Agreement's 1.5°C target'.
The outcome of the first GST at COP28 called for a transition away from fossil fuels and urged countries to submit more ambitious NDCs by 2025.
It emphasized the need for a significant increase in climate finance and enhanced adaptation efforts.
The second GST cycle is expected to commence in 2026 and conclude at COP33 in 2028.