Global CO2 Emissions to Reach Record High in 2024, Escalating Climate Risks

Global-CO2

BAKU, AZERBAIJAN — Global carbon dioxide emissions are projected to reach an unprecedented 41.6 billion metric tonnes in 2024, intensifying the risks posed by climate change, scientists warned at COP29.

The Global Carbon Budget report, released at the UN climate summit, highlights a 1 billion tonne increase from last year’s emissions of 40.6 billion tonnes. Emissions from fossil fuels—coal, oil, and gas—will contribute 37.4 billion tonnes, up by 0.8% from 2023. The remaining emissions stem from land-use factors like deforestation and forest fires.

Compiled by over 80 institutions and led by the University of Exeter, the report underscores the urgency of global action to limit temperature rises to 1.5 degrees Celsius, as per the Paris Agreement.

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