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tisdag, december 5, 2023

WTF is the ‘International Stocktake’? We clarify the ‘coronary heart’ of COP28 – POLITICO


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DUBAI, United Arab Emirates — Now the true work begins. 

The primary few days of the COP28 local weather convention featured so many lofty declarations and flashy guarantees that you just’d be forgiven for asking what delegates are nonetheless doing right here. However the primary negotiations have solely simply gotten underway. 

On the core of this yr’s summit sits one thing referred to as the “International Stocktake,” typically abbreviated to GST — a nondescript identify that conceals its very important position in worldwide local weather efforts. 

Briefly, it’s about drawing up a report card on the place the world stands eight years after signing the Paris Settlement, and the way international locations plan to repair their inevitable shortcomings. That plan popping out of COP28 will assist decide whether or not the world can stave off the worst impacts of local weather change or careen towards unlivable temperatures. 

German local weather envoy Jennifer Morgan referred to as the stocktake the “coronary heart” of the Paris local weather accord; Toeolesulusulu Cedric Schuster, chair of the Alliance of Small Island States, labeled it a “lifeline” for particularly susceptible international locations like his native Samoa. 

The end result of this obscure course of can also be what high-ranking ministers can be haggling over after they arrive for the second week of COP28 — and what the United Arab Emirates hosts can be judged on in the long run. 

“What makes this COP distinctive as in comparison with the earlier COPs? At first, it’s the International Stocktake,” EU lead negotiator Jacob Werksman informed reporters on Monday. 

So what’s it? Let’s have a look. 

What are we even speaking about? 

The International Stocktake broadly refers to a radical evaluation of how a lot progress international locations are making towards the Paris Settlement targets, which dedicated international locations to limiting world warming to beneath 2 levels Celsius and ideally to 1.5C in comparison with the pre-industrial period. 

The method consists of three elements. The primary stage, gathering all of the related info, started two years in the past. The second part, evaluating that knowledge, ended this summer season. 

The ultimate process — the response to this evaluation — concludes at COP28. That’s the exhausting half.

Below the Paris accord’s phrases, international locations must conduct this train each 5 years. 

Cling on, the evaluation already occurred? 

Yup. You’ll generally hear that international locations will conduct an evaluation of their local weather efforts whereas in Dubai, however the United Nations already printed its report summarizing the findings in September — concluding that the world is falling in need of its Paris targets. 

“That evaluation has been carried out, it’s clear we’re not on a monitor,” Morgan informed a press convention in Dubai final week. With present efforts, she famous, “we are going to see a temperature rise of two.5C to 2.9C.” 

She added: “That’s unimaginable.”

Past 1.5C, local weather impacts like excessive climate or sea-level rise get considerably worse. Scientists warn that overshooting that threshold dangers triggering irreversible tipping factors like dramatic polar ice loss, which might additional exacerbate warming. 

So what’s taking place at COP28? 

Negotiators in Dubai are discussing what international locations ought to do with that report, which gave strict directions to retain any hope of hitting the 1.5C goal: First, lower 43 p.c of greenhouse gasoline emissions this decade (in comparison with 2019 ranges), then hit net-zero emissions by 2050. 

However there are profound divisions over the way to get there.  

“The primary part is taking inventory of what the gaps are,” mentioned Tom Evans, who tracks the stocktake negotiations in Dubai for assume tank E3G. “Second, what do you do about these gaps? And that’s the place the political flashpoints are.” 

What might that response appear to be? 

Numerous issues, however the concept for everybody from the Paris Settlement — that’s practically 200 international locations — to endorse a coherent plan by the summit’s finish. 

Once more, not straightforward. 

The doc is anticipated to each look again at what went fallacious after which look forward with tips on the way to treatment these shortcomings. That roadmap ought to embody a local weather want checklist — every little thing from reducing emissions to making ready communities for local weather change fallout to financing for each.

So … phrases on a web page. Does that even matter? 

It does, for a couple of causes. 

First, the textual content will give clear instructions to international locations as they draw up their subsequent local weather motion plans. The Paris Settlement requires governments to submit new plans by COP30, which takes place in Brazil in 2025. 

Second, these phrases ship a robust sign to markets, native governments and extra. If practically 200 international locations agree on a textual content that claims a coal phaseout is important, buyers will take the trace. 

With the stocktake, “now we have the chance to take a set of selections … that finds the readability that enterprise leaders want to speculate sooner or later,” Morgan mentioned. 

The end result may also check the Paris accord’s integrity. These common check-ins and the requirement to then replace local weather plans are supposed to guarantee everyone seems to be upping their efforts over time. 

“The effectiveness of the Paris Settlement is at stake,” Evans mentioned. 

And what do international locations need? 

The top consequence ought to set out what to do about planet-warming fossil fuels, in addition to efforts to arrange for a hotter future and steps to make sure poorer international locations have the assets to do this, as nicely. 

“Nobody is attempting to tear the entire thing down,” mentioned Evans. 

That doesn’t imply international locations are near an settlement. 

Pressing requires a fossil gasoline “phaseout” — a much-debated time period — are particularly contentious. 

Many creating international locations say they want extra monetary help to again formidable language on fossil fuels and different efforts to scale back emissions.

German local weather envoy Jennifer Morgan referred to as the stocktake the “coronary heart” of the Paris local weather accord | Sean Gallup/Getty Pictures

In the meantime, the EU, the U.S. and climate-vulnerable international locations try to make sure new plans don’t exempt any industries and canopy all greenhouse gasses, not simply carbon dioxide — one thing China lately mentioned it was on board with.

Going within the different path, a number of international locations whose economies depend upon oil and gasoline exports — Russia and Saudi Arabia amongst them — try to push for language that might permit for the continued use of fossil fuels. 

What’s the UAE’s position right here? 

The UAE is operating the present and should shepherd the stocktake to a conclusion. In some unspecified time in the future, the officers in cost should produce a draft textual content for international locations to just accept or reject. 

COP28 President Sultan al-Jaber — who, controversially additionally helms the UAE’s state-run oil big — has repeatedly insisted he would push for the “most formidable response attainable” to the stocktake. However he has remained imprecise on what which may appear to be. 

Nonetheless, Evans mentioned, “They’re conscious that it’s the centerpiece of their COP. The shine of these early pledges will fade, and so they’ll want to supply one thing.” 

How are the negotiations going? 

There are already some rocky indicators. 

As of Monday night, negotiators hadn’t produced an in depth draft textual content, regardless of spending some 10 hours speaking behind closed doorways on Sunday. 

A textual content outlining attainable “constructing blocks” was launched on Friday, but it surely’s extra of a broad abstract that left all of the exhausting questions unanswered. Relating to the vitality sector, for instance, choices included “phasedown/out fossil fuels” and “phasedown/out/no new coal.” In different phrases: All choices are on the desk.

What’s subsequent? 

Over the approaching days, negotiators will attempt to agree on as many sections of the textual content as attainable, however their bosses will take over within the summit’s second week to resolve the thornier questions. 

This week’s talks will “inevitably result in some essential political questions for ministers to resolve within the second week,” mentioned Werksman, the EU negotiator. “Precisely what these questions are, we are able to’t absolutely speculate on — however we think about that the difficulty of how we’re going to deal with fossil fuels can be prime of the checklist.”

Technically the deadline is December 12, but when previous COPs are any information, additional time is feasible.



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