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Global Stocktake : Report

Global Stocktake : Report

The synthesis report of the first Global Stocktake was released by the United Nations Framework Convention on Climate Change on the eve of the G20 leaders’ summit.

  • Global Stocktake refers to a proposed five-year review of the impact of countries’ climate change actions.
  • Under the Paris Agreement, every country must present a climate action plan in five-year cycles.
  • The first global stocktake was scheduled for 2023 under the Paris Agreement.
  • It will assess whether the net result of the climate actions being taken was consistent with the goal of keeping the increase in global average temperature from pre-industrial times to within 2 degrees Celsius.

Key highlights of the report:

  • The global emissions are not in line with modelled global mitigation pathways consistent with the temperature goal of the Paris Agreement.
  • There is a rapidly narrowing window to raise ambition and implement existing commitments in order to limit warming to 1.5°C.
  • It is the most comprehensive assessment of global action on climate change to date, based on technical/scientific data and consultation with government experts, business leaders, and civil society in the past two years.