New Synthesis Study Previews The Parties Roadmap for Global Stocktake Decision at COP28

UN Climate Change has released a new synthesis report to assist states in reaching a resolution on the global stocktake at COP28. The paper provides the opinions of governments on the main aspects that could form such a choice.

The global stocktake is a component of the Paris Agreement and an important tool for assessing the global response to the climate issue and charting a better path forward.

The synthesis report is extensive and incorporates the perspectives of nearly all Parties. It is based on submissions from 24 Parties on behalf of Party groupings or individual Parties, representing 180 Parties, and 44 non-Party stakeholders (as of October 2nd).

While there are differing views on how to achieve the Paris Agreement's goals, governments expressed broad agreement that previous climate action was insufficient and that more action by all Parties, as well as support for developing countries, is required to limit global warming to 1.5 degrees Celsius, avoid loss and damage, and adapt to climate change.

"This report puts the cards on the table - except this isn't a game," said UN Climate Change Executive Secretary Simon Stiell. We recognise that the global community is not on course to meet the long-term goals of the Paris Agreement, and that the window of opportunity to secure a livable and sustainable future is fast closing."

"Based on the Parties' own words, this synthesis report is a blueprint for what the final outcome of the global stocktake could look like." Nations should fully utilise the inputs in order to develop agreement for an ambitious outcome towards action in this critical decade," he added.

"The report tells us again that the world is off track," stated Dr. Sultan Al Jaber, COP28 President-Designate. COP28 is the opportunity for all Parties to join together and forward actionable solutions. We must be prepared with concrete solutions to address the problems, eliminate 22 gigatonnes of emissions by 2030, build global resilience, and mobilise funding on the scale required to ensure a just and equitable transition. The moment has come to come together, act, and deliver a solid negotiated resolution on the Global Stocktake."

The new research follows the technical report on the worldwide stocktake, which was released in September and provides ready-to-implement climate change solutions.

The global stocktake is held every five years and is meant to inform the next phase of Paris Agreement climate action plans (nationally determined contributions, or 'NDCs') to be submitted by 2025.

Source: unfccc.int