The Global Stocktake was established as a central element of the Paris Agreement that is intended to take a ‘temperature check’ of progress on a five-year cycle. It is a key element of the ratchet mechanism which is intended to incrementally raise ambition on mitigation, adaptation and means of implementation to meet Paris Agreement targets. The first global stocktake operates on a two-year cycle, consisting of an 18-month technical phase which kicked off in 2022, which is to be followed by a political phase in 2023.
The First Technical Dialogue (TD 1.1) of the First Global Stocktake took place at the Bonn Climate Change Conference (SB56) in June 2022. SLOCAT delivered transport-focused technical interventions at the TD 1.1 Roundtable 3, focusing on broadening shared electric mobility, expanding capacity building and phasing out fossil fuel subsidies to fill the financing gap.
The Second Technical Dialogue (TD 1.2) took place at COP27 in November 2022 s, with transport issues being addressed in the ‘systems transformations’ segment. The policy of inclusion of non-party stakeholders in these dialogues also allowed for the participation of fossil fuel lobbyists, which resulted in amplified calls to include strategies such as carbon capture and storage in outcome documents. These strategies are seen by many experts as a ‘false solution’ to meeting Paris Agreement targets.
The Third Technical Dialogue (TD 1.3) took place at the Bonn Climate Change Conference (SB58) in June 2023 and allowed stakeholders to provide vital inputs to improve understanding of global efforts and priority actions toward sustainable, low carbon transport. Equity between recent and historic emissions continuedto be a source of division among Parties during the discussions. Several Parties focused on technology and carbon capture and storage (CCS) as a delay to fossil fuel phasedown/phaseout. A proposal was made for a Technical Annex to the GST outcome to include regional and sectoral guidance towards more actionable outcomes. Although the proposal faced opposition from a number of Parties, SLOCAT advocates for such an Annex as it can enhance the substantive outcomes of the process and it supports more ambitious NDCs in 2025.