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Pokemon Go Global Challenge Timed Bonus

Trainers, Pokemon Go’s Water Festival 2022 has started and the new Global Challenge is now available.
The Water Festival Global Challenge is a new challenge introduced in Pokemon Go. Players must work together to complete the specific task, during a specific period and earn the Global bonus reward.
The Global Challenge is available starting from May 11, 2022, at 1 PM PDT to May 21, 2022, at 1 AM PDT, and players around the globe must catch a total of 600,000,000 Water-type Pokemon to earn a bonus for everyone. The Global Challenge bonus reward is 2x Candy for catching Pokemon.
The numbers seem high, but trust me, we will complete the Global Challenge and get the 2x Catch Candy bonus.
Is it 2x candy when we transfer them or are they actually keeping track of all the water pokemon we’ve caught during this event?