A Summary Of The Global Stocktake Report
The global stocktake is mandated by article 14 of the Paris Agreement that requires collective assessment of climate action and progress towards attaining the goal of the agreement. It’s done every 5 years with 2023 being the first GST. This technical report is the second step in the GST with the third being adoption of its conclusions - done at COP28. The first finding is that the Paris agreement and coming into force of the UNFCCC [1] have driven climate action at a global scale. However, we are still not on track to keep within 1.5/2C. In 2010 at Cancun, temperatures were projected to be 3.7-4.8 degrees above preindustrial levels in 2100. In 2015, analysis of all INDC [2] s indicated 3-3.2 degrees. At COP27 [3] , mitigation announcements and long term net zero targets indicated a rise of 1.7-2.1 degrees in 2100. The agreement has increased support for climate mitigation and adaptation especially in developing countries. In addition, the IPCC [4] reports, most recently t...