Consider the following statements regarding the UNFCCC/Paris Agreement architecture and the fossil-fuel transition process:

Statements

1. The Paris Agreement replaced the Kyoto Protocol's top-down, Annex-I-only binding emission targets with a bottom-up system of Nationally Determined Contributions applicable to all Parties.
2. The Loss and Damage Fund, which addresses climate-induced harm in vulnerable countries, was established at COP28 in Dubai.
3. The Global Stocktake under the Paris Agreement is a periodic mechanism to assess collective progress toward the Agreement's goals, with the next one scheduled for 2028.