"By the end of 2024, all countries that are party to the Paris Agreement will start implementing the new ‘enhanced transparency framework’ (ETF).The framework makes climate change reporting more transparent, building trust among parties and encouraging them to set more ambitious emission reduction targets. These targets are crucial for delivering the overarching, long-term goal of the Paris Agreement: to limit global warming to 2°C, and ideally below 1.5°C.

But this enhanced set of reporting rules presents the least developed countries (LDCs) with new technical and financial challenges."