Mpg Paris Agreement

11 Avr Mpg Paris Agreement

Improving the transparency framework is essential for the design, credibility and functioning of the Paris Agreement. The development of the transparency part of the regulations did not begin from scratch, as countries were able to draw on the experience of the UNFCCC. However, unlike previous UNFCCC agreements, the Paris Agreement established a common set of rules for all countries, while providing flexibility to developing countries that need it. Countries intend to conclude these additional negotiations in 2020 and have agreed to review the guidelines for the expanded transparency framework in 2028. Many of the specific reporting provisions have been improved from the transparency rules in place to date, particularly for developing countries. The table below illustrates some of the key differences between the new expanded transparency framework and previous UNFCCC agreements. Given the scope of the negotiations under the expanded transparency framework, countries did not have sufficient time to make decisions on all technical aspects of the framework during COP24. Countries merely discussed three technical aspects: improving the transparency framework allows countries to report their greenhouse gas emissions, make progress in the development of their NPNSPs, mitigate the effects on climate change and adapt, clean up and mobilize support, and obtain support. The enhanced transparency framework also includes procedures for technical experts to verify notified information and a multilateral peer review where countries can ask questions. Countries have adopted the necessary guidelines for the implementation of the expanded transparency framework. They agreed to report, as part of the Enhanced Transparency Framework, on documents known as biennial transparency reports (BFR) and agreed that the first FRBs would be due by December 31, 2024.

Countries will complete their existing transparency reports by 31 December 2022 (for industrialized countries) and 31 December 2024 (for developing countries).