Translations:Paris Agreement/68/en

While the enhanced transparency framework is universal, the framework is meant to provide "built-in flexibility" to distinguish between developed and developing countries' capacities. The Paris Agreement has provisions for an enhanced framework for capacity building, recognizes the varying circumstances of countries, and notes that the technical expert review for each country consider that country's specific capacity for reporting. Parties to the agreement send their first Biennial Transparency Report (BTR), and greenhouse gas inventory figures to the UNFCCC by 2024 and every two years after that. Developed countries submit their first BTR in 2022 and inventories annually from that year. The agreement also develops a Capacity-Building Initiative for Transparency to assist developing countries in building the necessary institutions and processes for compliance.