II SÉRIE-A — NÚMERO 125 72

2. The Conference of the Parties serving as the meeting of the Parties to this Agreement shall undertake its

first global stocktake in 2023 and every five years thereafter unless otherwise decided by the Conference of the

Parties serving as the meeting of the Parties to this Agreement.

3. The outcome of the global stocktake shall inform Parties in updating and enhancing, in a nationally

determined manner, their actions and support in accordance with the relevant provisions of this Agreement, as

well as in enhancing international cooperation for climate action.

Article 15

1. A mechanism to facilitate implementation of and promote compliance with the provisions of this Agreement

is hereby established.

2. The mechanism referred to in paragraph 1 of this Article shall consist of a committee that shall be expert-

based and facilitative in nature and function in a manner that is transparent, non-adversarial and non-punitive.

The committee shall pay particular attention to the respective national capabilities and circumstances of Parties.

3. The committee shall operate under the modalities and procedures adopted by the Conference of the

Parties serving as the meeting of the Parties to this Agreement at its first session and report annually to the

Conference of the Parties serving as the meeting of the Parties to this Agreement.

Article 16

1. The Conference of the Parties, the supreme body of the Convention, shall serve as the meeting of the

Parties to this Agreement.

2. Parties to the Convention that are not Parties to this Agreement may participate as observers in the

proceedings of any session of the Conference of the Parties serving as the meeting of the Parties to this

Agreement. When the Conference of the Parties serves as the meeting of the Parties to this Agreement,

decisions under this Agreement shall be taken only by those that are Parties to this Agreement.

3. When the Conference of the Parties serves as the meeting of the Parties to this Agreement, any member

of the Bureau of the Conference of the Parties representing a Party to the Convention but, at that time, not a

Party to this Agreement, shall be replaced by an additional member to be elected by and from amongst the

Parties to this Agreement.

4. The Conference of the Parties serving as the meeting of the Parties to this Agreement shall keep under

regular review the implementation of this Agreement and shall make, within its mandate, the decisions necessary

to promote its effective implementation. It shall perform the functions assigned to it by this Agreement and shall:

(a) Establish such subsidiary bodies as deemed necessary for the implementation of this Agreement; and

(b) Exercise such other functions as may be required for the implementation of this Agreement.

5. The rules of procedure of the Conference of the Parties and the financial procedures applied under the

Convention shall be applied mutatis mutandis under this Agreement, except as may be otherwise decided by

consensus by the Conference of the Parties serving as the meeting of the Parties to this Agreement.

6. The first session of the Conference of the Parties serving as the meeting of the Parties to this Agreement

shall be convened by the secretariat in conjunction with the first session of the Conference of the Parties that is

scheduled after the date of entry into force of this Agreement. Subsequent ordinary sessions of the Conference

of the Parties serving as the meeting of the Parties to this Agreement shall be held in conjunction with ordinary

sessions of the Conference of the Parties, unless otherwise decided by the Conference of the Parties serving as

the meeting of the Parties to this Agreement.

7. Extraordinary sessions of the Conference of the Parties serving as the meeting of the Parties to this

Agreement shall be held at such other times as may be deemed necessary by the Conference of the Parties

serving as the meeting of the Parties to this Agreement or at the written request of any Party, provided that, within

six months of the request being communicated to the Parties by the secretariat, it is supported by at least one

third of the Parties.

8. The United Nations and its specialized agencies and the International Atomic Energy Agency, as well as