Common use of GLOBAL STOCKTAKE Clause in Contracts

GLOBAL STOCKTAKE. 1. The CMA shall take stock of the implementation of this Agreement to assess aggregate progress towards achieving the objective of the Convention in a comprehensive and facilitative manner. The stocktaking shall consider the aggregate effect of the efforts by Parties, as well as assessments of the best available science, with a view to enhancing the implementation of the Agreement.

GLOBAL STOCKTAKE. 1. The CMA shall take stock of the implementation of this Agreement to assess aggregate [aggregate] [overall] progress towards achieving the objective of the Convention in a comprehensive and facilitative manner. The stocktaking shall consider the aggregate [aggregate] [overall] effect of the efforts by Parties [, covering mitigation, adaptation, finance, technology development and transfer and capacity-building and taking into account Parties’ differentiated responsibilities and commitments under the Convention], as well as assessments of the best available science, with a view to enhancing the implementation of the [Convention] [Agreement].