This report by Climate Transparency provides a comprehensive overview of G20 countries’ progress in the transition to a low-carbon economy, assessing the main trends in emissions, climate policy performance, finance, and decarbonisation. Overall, the report shows that G20 countries have stepped up green finance, but their investment in fossil fuels remains so high that the “well below 2 degree” warming target in the Paris Agreement will be missed by a wide margin. The analysis scrutinizes countries’ efforts by evaluating their respective fiscal policies, investments and level of international support among others. This is the third annual stocktake of the G20’s climate efforts by the Climate Transparency global partnership, released ahead of the 2017 G20 leaders meeting in Hamburg. The report is available to download on the Climate Transparency website.