The document summarizes preparations for the first Global Stocktake under the Paris Agreement in 2023. It outlines that the stocktake will assess collective progress towards the goals of the Paris Agreement, considering mitigation, adaptation, support, and efforts to address loss and damage from climate change. Key upcoming steps include nominating developing country co-facilitators, October informal consultations, and completing consideration of input sources by November 2021. Synthesis reports will then be prepared in 2022 to inform the technical assessment.