Transparency in the Paris Agreement
Establishing a credible and effective transparency system will be both crucial and challenging for the climate regime based on the pledge and review process established in the Paris Agreement. Due to the phasing of various steps in the 5-year cycles under the Agreement and the unavoidable delays of two or more years to produce and review government reports, the Climate Convention and other intergovernmental institutions are ill-suited to carry out timely analyses of progress. Consequently, in advance of formal procedures, academic and other non-governmental groups are going to provide analyses based on available data and their own methodologies. The paper explores this transparency challenge, using the MIT Economic Projection and Policy Analysis (EPPA) model, to construct sample analyses, and consider ways that efforts outside official channels can make an effective contribution to the success of the Agreement.