This report provides insights on global climate action and progress towards net-zero targets for 51 OECD and OECD partner countries. It presents a comprehensive evaluation of net-zero targets, major climate-related hazards, and the key trends in climate action. 

Directed towards policy makers and practitioners, the findings suggest that current 2030 commitments to reduce greenhouse gas emissions are not ambitious enough to meet the Paris Agreement temperature goals, and that without a significant expansion in national climate action, countries will not be able to meet the net-zero challenge.

The report concludes it is crucial for climate policies to be inclusive and aware of social and economic impacts, while remaining ambitious and effective. Countries must adapt their policies to ensure a just transition and protect vulnerable households and communities from being disproportionately affected. Understanding the full impact of these trends is essential for effective policymaking.

Key findings

• Climate hazards and disasters are increasing and devastating communities worldwide.
• Greenhouse gas emission reduction commitments are not consistent with the Paris Agreement temperature goals. More ambition and efforts are needed to achieve net zero by 2050.
• Progress in national climate policy efforts remains insufficient. Policy implementation needs to be scaled-up.
• Making progress towards the net-zero goals requires ambitious mitigation targets, effective implementation, and the adept navigation of the policy landscape.