Editing IPCC:AR6/WGIII/Chapter-14 (section)

==== 14.3.2.5 Global Stocktake ====

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The Paris Agreement’s transparency framework is complemented by the global stocktake, which will take place every five years (starting in 2023) and assess the collective progress towards achieving the Agreement’s purpose and long-term goals ( [[#UNFCCC--2015a|UNFCCC 2015a]] , Art. 14). The scope of the global stocktake is comprehensive – covering mitigation, adaptation and means of implementation and support – and the process is to be facilitative and consultative. The Paris Rulebook outlines the scope of the global stocktake to include social and economic consequences and impacts of response measures, and loss and damage associated with the adverse effects of climate change ( [[#UNFCCC--2019f|UNFCCC 2019f]] , paras. 8–10).

The global stocktake is to occur ‘in the light of equity and the best available science’. While the focus of the global stocktake is on collective and not individual progress towards the goals of the Agreement, the inclusion of equity in the global stocktake enables a discussion on equitable burden sharing ( [[#Rajamani--2016a|Rajamani 2016a]] ; [[#Winkler--2020|Winkler 2020]] ), and for equity metrics to be factored in ( [[#Robiou%20du%20Pont--2018|Robiou du Pont and Meinshausen 2018]] ). The Paris Rulebook includes consideration of the modalities and sources of inputs for the global stocktake ( [[#UNFCCC--2019f|UNFCCC 2019f]] , paras. 1, 2, 13, 27, 31, 36h and 37g), which arguably will result in equity being factored into the outcome of the stocktake ( [[#Winkler--2020|Winkler 2020]] ). The Rulebook does not, however, some argue, resolve the tension between the collective nature of the assessment that is authorised by the stocktake and the individual assessments required to determine relative ‘fair share’ ( [[#Rajamani--2019|Rajamani and Bodansky 2019]] ; [[#Zahar--2019|Zahar 2019]] ).

The global stocktake is seen as crucial to encouraging Parties to increase the ambition of their NDCs ( [[#Huang--2018|Huang 2018]] ; [[#Hermwille--2019|Hermwille et al. 2019]] ; [[#Milkoreit--2019|Milkoreit and Haapala 2019]] ) as its outcome ‘shall inform Parties in updating and enhancing, in a nationally determined manner, their actions and support’ (Art. 14.3) (Rajamani 2016a; [[#Friedrich--2017|Friedrich 2017]] ; [[#Zahar--2019|Zahar 2019]] ). The Rulebook provides for the stocktake to draw on a wide variety of inputs sourced from a full range of actors, including ‘non-Party stakeholders’ ( [[#UNFCCC--2019f|UNFCCC 2019f]] , para. 37). However, the Rulebook specifies that the global stocktake will be ‘a Party-driven process’ ( [[#UNFCCC--2019f|UNFCCC 2019f]] , para. 10), will not have an ‘individual Party focus’, and will include only ‘non-policy prescriptive consideration of collective progress’ ( [[#UNFCCC--2019f|UNFCCC 2019f]] , para. 14).

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