The IEA and United Nations Framework Convention on Climate Change have joined forces to focus on three key areas: tracking and reporting on the energy-related outcomes of the first Global Stocktake at COP28; building consensus on actions to deliver 1.5 C-aligned energy transitions; and supporting the next round of Nationally Determined Contributions (NDCs) under the Paris Agreement.

The first Global Stocktake decision agreed by nearly 200 countries at COP28, also referred to as the UAE Consensus, included significant commitments on energy that the IEA had called for ahead of the summit, such as the new global 2030 goals of tripling renewable energy capacity, doubling energy efficiency progress and substantially reducing methane emissions. COP28 also delivered a recognition of the need to transition away from fossil fuels in energy systems in a just and equitable way, including phasing down unabated coal power.

The UNFCCC and IEA will work together to identify appropriate metrics for tracking global progress toward these goals and provide updates that inform and motivate global action to achieve international climate commitments. As part of this, the IEA will produce a report that takes stock of international progress against the energy commitments made at COP28, to be published ahead of the COP29 summit.

To support the next round of NDCs, the UNFCCC and IEA will also work together to provide policy advice and technical support on the development of energy-related targets that are in line with the Global Stocktake outcome and the goals of the Paris Agreement. This will include the IEA contributing to the UNFCCC’s newly announced NDC 3.0 Navigator initiative.

The two organisations will coordinate their activities more closely to facilitate better engagement and alignment of the ambitions and actions of climate and energy decision makers.

---