Global Stocktake

COP28 will see the conclusion of the first global stocktake, which assesses efforts towards long-term climate targets. In addition to the assessment process, the stocktake could also address current problems within climate governance and interact with other policy instruments.

The 28th Conference of the Parties (COP) taking place in Dubai from 30 November to 12 December 2023 will focus heavily on the first of the Global Stocktakes that were agreed upon in the Paris Agreement. In this infographic, we explain what the Global Stocktake is, how it works and the different interests and sticking points that are expected to shape the debate at COP28.

Non-state actors play an essential role in the fabric of global climate governance. Here we propose four tailored strategies that non-state actors can mobilize to advance climate action among states and harness the potential of the global stocktake.

Better integration of climate action and sustainable development can help enhance the ambition of the next nationally determined contributions, as well as implementation of the Sustainable Development Goals. Governments should use this year as an opportunity to emphasize the links between climate and sustainable development.

The global stocktake seeks to enhance climate ambition through assessment and review of collective efforts every five years. A recent breakthrough in finance for addressing loss and damage is an opportunity to strengthen the finance agenda and rebuild much needed trust in the multilateral system.

The global stocktake (GST) could both enable and hamper the inclusion of equity. This Comment outlines why equity is central to the GST and the challenges faced in addressing it, as well as the utility of needs-based assessments for advancing equity within the GST and the climate action generally.

A gap persists between the emissions reductions pledged by countries under the Paris Agreement and those resulting from their domestic policies. We argue that this gap in fact contains two parts: one in the policies that countries adopt, and the other in the outcomes that those policies achieve.

Accurately assessing emissions reductions for various greenhouse gases to stay within temperature targets is important. Here, an adaptive approach, based solely on observations and not on model projections, allows quantification of emissions reductions required to achieve any temperature target.

Determining progress in adaptation to climate change is challenging, yet critical as climate change impacts increase. A stocktake of the scientific literature on implemented adaptation now shows that adaptation is mostly fragmented and incremental, with evidence lacking for its impact on reducing risk.

There are discernible differences in climate impacts between 1.5 °C and 2 °C of warming. The extent of countries' near-term mitigation ambition will determine the success of the Paris Agreement's temperature goal.