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Global Stocktake

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The Global Stocktake is a component of the Paris Agreement that monitors the implementation of nationally determined contributions (NDCs) and evaluates collective progress towards agreed climate goals. The stocktake aims to raise climate ambition by helping parties to improve their climate action plans and ultimately limiting the rise in average global temperature to well below 2°C compared to pre-industrial levels. The Global Stocktake involves a three-phase process: information collection and preparation, assessment and review, and outcomes-based implementation. The stocktake is not limited to mitigation but also includes adaptation and the provision of climate finance.learn more on wikipedia