Global Stocktake

    ESG & Governance

    A review under the Paris Agreement, held every five years, of collective progress towards its climate goals.

    The first global stocktake concluded at COP28 in Dubai in December 2023. Its outcome called on countries to transition away from fossil fuels in energy systems, triple global renewable energy capacity and double the rate of energy efficiency improvement by 2030. Countries are expected to use the stocktake's findings when setting their next national climate plans (NDCs).

    Related terms