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Last week has been the most promising as the first ever, biennial transparenc report was submitted by 90 countries through Enhanced Transparency Framework. The report mentions that the countries are underscoring in performance to the goals of Paris Agreement.
For those of you, who are new the Paris Agreement and Article 6.4, a quick know around to you is that BTRs are central to the climate ambition cycle, tracking progress on national climate plans (known as nationally determined contributions or NDCs), fostering trust among Parties, identifying support needs and preparing countries for the next round of NDCs in February 2025.
For the associated sectoral entities the outcomes are as after following the review of BTRs, the ETF’s multilateral phase – known as Facilitative Multilateral Consideration of Progress (FMCP) – which will encourage Parties to share experiences, successes, challenges and insights in implementing the Paris Agreement, driving global cooperation to deliver climate action and support.
The link of the publication is : https://engage.iucn.org/group/climate-change/discussion/first-biennial-transparency-report-submitted-through-enhanced
If you want to get to know more, please check through the following link :
https://unfccc.int/first-biennial-transparency-reports
https://unfccc.int/news/90-parties-submit-first-biennial-transparency-r…