 The world increasingly recognised the need to dramatically reduce greenhouse gas emissions for a safe and liveable planet. 151 countries have committed to achieve net zero emissions and are now starting to talk about a transition away from fossil fuels. But when it comes to actual plans and policies in place under their national energy outlooks and strategies, in aggregate, governments are still planning to reduce more than double the global levels of fossil fuels in 2030 that will be consistent with limiting global warming to 1.5 degrees Celsius. This misalignment is called the production gap. The persistence of the global production gap puts a well-managed and equitable energy transition at risk and clashes with expectations that global demand for coal, oil and gas will peak within this decade even without new policies. Meanwhile, the need to limit warming and reduce global reliance on fossil fuels grows more evident in our everyday lives. The 2023 production gap report shows the need for a near-total phase-out of global coal production in use by 2040 a combined reduction in global oil and gas production in use by three quarters between 2020 to 2050 and countries with greater capacity to lead this transition and support others with limited capacities. The world is at a tipping point. The window of opportunity is closing. The time to back words with actions is now.