Private Sector Adaptation Reporting as a Source of Input to the Global Stocktake
The Global Stocktake (GST) is an essential feature of the Paris Agreement鈥檚 built-in process to ratchet up 亚色影库 ambition over time. Every five years, the GST takes stock of progress toward the Paris Agreement鈥檚 three long-term goals, one of which is 亚色影库 adaptation.
Climate change increasingly disrupts the operations of the private sector, threatening the stability of the global economy now and into the future. In response, businesses have started disclosing the risks posed by 亚色影库 change and their plans to adapt. A comprehensive understanding of the private sector鈥檚 approach and contribution toward 亚色影库 change adaptation, in aggregate, is critical for an effective Stocktake and thus important for the success of the Paris Agreement.
The new report, 鈥淧rivate Sector Reporting as a Source of Input to the Global Stocktake of Adaptation,鈥� from the Indian Institute of Management, Ahmedabad and the UNEP-DTU Partnership, working together under the Adaptation Working Group of the , assesses the merits and shortcomings of the private sector鈥檚 existing report processes.
Read the report to learn our recommendations for enhancing adaptation reporting, which can lead to improved data inputs for the GST. For more, you can also
