The co-facilitators of the first Global Stocktake released their Synthesis Report of the Technical dialogue on Friday, ahead of the G20 Leaders Summit in India at the weekend, both important milestones on the road to COP28.

The synthesis report makes clear that since the inception of the Paris Agreement climate action has increased across all areas of society, however we are not on track to reach the goals of the Paris Agreement.

CDP welcomes the report highlighting the importance of non-Party stakeholders (NPS) and the central role that businesses, financial institutions, cities, states and regions play in strengthening climate action by Parties to course correct and get the world on track to meet the goals of the Paris Agreement.

The report acknowledges the action undertaken by NPS so far, including the efforts undertaken to reach net-zero emissions, while also making clear the importance of transparency of NPS action to understand the progress being made towards achieving targets. The disclosure of standardized comparable information through CDP is, and will continue to be, key to ensuring this transparency. Read more