The global stocktake is a process for countries and stakeholders to see where they’re collectively making progress towards meeting the goals of the Paris Climate Change Agreement – and where they’re not.
We know we are not on track to limit global warming to 1.5 degrees Celsius. The window for meaningful change is closing, and the time to act is now. The first-ever global stocktake is set to conclude at the UN Climate Change Conference i.e. COP28.
Governments will take a decision on the global stocktake at COP28, which can be leveraged to accelerate ambition in their next round of climate action plans due in 2025.
Ref. UN
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