Parabolic dunes form and migrate in almost every climate and geographic zones of the world, ranging from the tropical coastlines to the arid continental deserts. Despite their extensive distribution and their importance within the aeolian sediment landscape, the understanding of their morphological development, activity and link with climates remains somewhat limited to local or regional scales. A good understanding of the present climate conditions under which parabolic dunes are formed and/or reactivated would be significantly helpful to constrain past climate models. Similarly, an improved knowledge of parabolic dunes behaviour during past climatic episodes would provide some valuable long‐term data to better predict their future activity. This review first aims at providing a non‐exhaustive global database on parabolic dune morphology and the present wind regimes with which they are associated. To do so, the morphology of 750 dunes distributed worldwide was first analysed using a high‐resolution global digital elevation model, suggesting an intrinsic relationship between the different measured morphoparameters. The analysis of the associated local wind regimes shows that parabolic dunes develop under strong unidirectional winds, which are more conspicuous in coastal than continental environments. Dunes of different ages are globally aligned with present prevailing winds, which suggests a prevalent control of long‐term global atmospheric circulation on dune orientations. Finally, this study explores the link between parabolic dune activity and climates over the past 20 000 years by reviewing ages from the literature and combining them with the ones compiled in the INQUA Dunes Atlas Chronologic Database. Overall, it appears that changes towards drier conditions have triggered dunes migration during both warm and cold periods of the Last Glacial Maximum, Holocene Climate Optimum, Roman Climate Optimum, Medieval Climate Optimum and Little Ice Age. The present day aeolian activity is predominantly linked with deteriorating environmental conditions caused by human disturbances.