The first Global Stocktake (GST) took place at COP28 in Dubai last year. It assessed Parties’ progress towards achieving the goals of the Paris Agreement and set out clear targets and signals to raise climate ambition going forward.
As attention shifts to COP29 in Baku, Parties must account for how they have integrated outcomes from the GST in new climate targets—known as nationally determined contributions (NDCs)—due by February 10, 2025.
Enhancing international cooperation
“The world needs to enhance international cooperation to achieve the global sectoral targets agreed at COP28 in Dubai last year. This is essential if the climate targets — ‘nationally determined contributions’—that countries are required to come forward with by February 10, 2025 stand a chance of being ambitious enough to keep global warming below the 1.5 degrees Celsius limit of the Paris Agreement. This needs to be a focus of COP29 in Baku next month,” said Kaveh Guilanpour, C2ES’s Vice President of International Strategies.
The Center for Climate and Energy Solutions (C2ES) is releasing a suite of six papers
The Center for Climate and Energy Solutions (C2ES) is releasing a suite of six papers, and a summarizing fact sheet, that look at some of the GST targets and signals agreed at COP28, explore how international cooperation could be enhanced to raise ambition, and make a number of recommendations.
Energy efficiency goals
Key recommendations include:
- Countries should include specific targets for total renewable power capacity for 2030 as part of their planning processes and domestic arrangements identified in their NDCs and long-term low emission development strategies (LT-LEDS).
- To drive the achievement of the doubling of energy efficiency globally, regional- leadership should support the development of energy efficiency goals and implementation roadmaps for specific geographic areas and sectors.
Greenhouse gas emissions
Countries should:
- commit in their NDCs to stop building new unabated coal-fired power generation plants
- encourage or require oil and gas companies to increase transparency in their transition strategies, by measuring, monitoring, publicly reporting and independently verifying their greenhouse gas emissions, particularly on methane, and their progress in reducing emissions from their operations
- integrate just transition strategies or plans within short- and long-term climate plans, such as NDCs, Long Term-Low Emission Development Strategies (LT-LEDS), and national adaptation plans (NAPs).
Emissions reduction targets
- Countries should outline in their NDCs, NAPs, long-term strategies and/or national development plans how they are implementing and integrating early warning systems (EWS).
- Countries should develop and include in their NDCs national plans toward halting and reversing deforestation and forest degradation. They should indicate, ideally with quantified targets, how these efforts contribute to their emissions reduction targets.
- Countries should develop and include national strategies and plans for sustainable, climate-resilient agriculture and food systems in their NDCs and/or national adaptation plans (NAPs).