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The December 2023 update finds that global warming projections have stalled, with current policies leading to 2.7°C of warming by 2100. Even the most optimistic scenario, including all announced targets, results in 1.8°C, exceeding the 1.5°C Paris Agreement goal. The report highlights a growing implementation gap and warns that reliance on carbon capture and storage (CCS), e-fuels, and carbon offsets are 'false solutions' that delay necessary deep emission cuts. It urges governments to submit 1.5°C-aligned 2035 targets by February 2025 and to commit to a complete phase-out of fossil fuels.