Global Stocktake (GST)

  • GST refers to proposed five-yearly-review of the impact of climate change action undertaken by countries.
  • Under the Paris Agreement, each country has to present a climate action plan every five years.
  • Under the Paris Agreement, the first global stocktake will happen in 2023.
  • It will help world to determine whether it needs to do more and how much more.
  • India is demanded for 10-year period for GST, while EU and some others demanded five-year cycle.
  • India argues that five years is too short a time to assess whether the actions were having the desired impacts.