Event - Delivering a successful GST1 – Course correcting to meet our climate goals

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Title
Delivering a successful GST1 – Course correcting to meet our climate goals
Organizer
Climate Change Expert Group and iGST/ClimateWorks Foundation
Type
Conferences & Exhibitions
Focus
  • Climate Change


Start
2023/06/05 16:15 PM CEST
End
2023/06/05 17:30 PM CEST
Country
  • Germany
Venue
Bonn Side Event Room, World Conference Centre
URL
Description
The latest science shows we are not on track to meeting the goals of the Paris Agreement. The first global stocktake (GST1) provides a unique opportunity to course correct to meet our climate goals. Join us to explore what it will take to make GST1 a success in 2023 and beyond. Speakers will share perspectives on how to land a robust outcome on the GST at COP28, what concrete commitments it could include, and what follow-up is needed to drive action on the ground in the years ahead. This event will build on research from the OECD-IEAClimate Change Expert Group (CCXG) and the independent Global Stocktake (iGST).

Ahead of the UNFCCC Climate Change Conference in Bonn, we are also pleased to share with you our two latest OECD-IEA Climate Change Expert Group (CCXG) papers, which examine key issues related to the Global Stocktake and the Mitigation Work Programme.

Towards a successful outcome of the first global stocktake of the Paris Agreement The first global stocktake (GST1) of collective progress towards the goals of the Paris Agreement will conclude at COP28. How the final stage of GST1 is organized, who is involved, and how the final outputs are structured can influence the success of the process. This paper explores how to organize the final component of GST1 and how to design related outputs to be impactful. This paper sets out how to build broad, high-level momentum behind GST1 by structuring activities in 2023 and beyond into four phases: i) awareness building; ii) socialization; iii) decision-making; and iv) follow-up. This paper highlights the importance of technical outputs that are fit for purpose and identifies potential options for structuring technical outputs from GST1 to target different actors, including negotiators, policymakers, practitioners, and a broader audience beyond the UNFCCC process. The paper also sets out how to design a package of political outputs from GST1 to include different mutually supportive elements, including negotiated, consultative, and non-negotiated elements, which could play distinct roles and engage different actors. The paper underlines the importance of efforts to monitor how GST1 outputs are taken forward by different actors after COP28. This follow-up could build on existing provisions and establish new processes where needed, to help assess the success of the GST1 exercise and inform subsequent GST cycles.

Making the Mitigation Work Programme fit for purpose: Options for forms, focus, and information that would lead to successful implementation

Parties established the Mitigation Work Programme (MWP) at COP26 to ”urgently scale up mitigation ambition and implementation” to help reach the temperature goal of the Paris Agreement. At COP27, Parties further fleshed out the MWP, which will be operationalized each year between 2023-2026 via at least two global dialogues, other dialogues, and investment-focused events. This paper outlines key questions that could shape the aims, scope, focus, format, and participation in the dialogues, as well as the possible interplay between the MWP global dialogues and investment-focused events by drawing on experiences with other processes and events inside and outside the UNFCCC. This paper also provides lessons from examples in three sub-sectors where mitigation actions have been rapidly scaled up. This paper highlights several open questions related to the substance, process, and timing of the global dialogues and the investment-focused events, as well as potential linkages between these. The paper also discusses the possible implications of different choices on these open questions. Decisions on the scope, format, and aims of the MWP dialogues will influence their impacts and relevance of these dialogues to different countries and stakeholders. Yet, dialogues and events under the MWP will face trade-offs between concentrating on short- versus longer-term issues and outcomes and on choosing a broad or narrow focus. Such choices will impact how many countries the event or dialogue is relevant to. In addition, there are various ongoing initiatives and events outside the UNFCCC that are relevant to the aims of the MWP and that the MWP could usefully learn from. Careful mapping and coordination are needed to ensure that the MWP builds on, rather than duplicates, existing initiatives, and events within and beyond the UNFCCC.