On Tuesday, the Ad-hoc Working Group on Paris Agreement (APA) asked parties to discuss three issues related to global stocktake—inputs needed for conducting the stocktake, the process and its relation with
the dialogue to be conducted in 2018. Global stocktake implies reviewing the impact of countries' collective progress on climate actions towards the long-term goal of restricting global temperature rise under 2 degrees Celsius, in accordance with the Paris Agreement. The global stocktake involves mitigation, adaptation, finance, technology transfer and capacity building. The first global stocktake will take place in 2023. During the discussion, all parties agreed that global stocktake was crucial and must be conducted in accordance with the provisions specified in the Paris Agreement. There was a general understanding among parties that the global stocktake process must have a technical and political component. On the issue of inputs needed for conducting the stocktake, parties stated that the inputs could be drawn from sources such as Intergovernmental Panel on Climate Change (IPCC) reports, synthesis reports, biennial reports, national communications, adaptation communications, Standing Committee on Finance (SCF) report on finance and finance gap report.

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