Global CO2 emissions to hit record high in 2025, report warns - Capital Business
Connect with us

Hi, what are you looking for?

Car manufacturers are concerned the US market could be split into two because of a fight on emission limits/AFP

Climate

Global CO2 emissions to hit record high in 2025, report warns

The Global Carbon Budget 2025, produced by the international scientific consortium Global Carbon Project, estimates that fossil CO2 emissions will reach 38.1 billion tonnes this year, as growth in global energy demand continues to outpace the expansion of renewable energy.

The report warns that the goal of slowing global warming to 1.5 degrees Celsius is out of reach under current circumstances, and that natural carbon sinks, such as oceans and forests, are weakening due to climate change.

“With CO2 emissions still increasing, keeping global warming below 1.5 degrees Celsius is no longer plausible,” said Professor Pierre Friedlingstein of the University of Exeter, who led the study.

“The remaining carbon budget for 1.5 degrees Celsius, 170 billion tonnes of carbon dioxide, will be gone before 2030 at the current emission rate. We estimate that climate change is now reducing the combined land and ocean sinks — a clear signal from Planet Earth that we need to dramatically reduce emissions,” he explained.

While progress has been made, it is not enough, researchers said.

“Efforts to tackle climate change are visible, with 35 countries succeeding in reducing their emissions while growing their economies,” said Corinne Le Quere, a professor from the University of East Anglia.

However, she cautioned, “progress is still much too fragile to translate into the sustained decreases in global emissions needed to tackle climate change. The emerging impact of climate change on carbon sinks is worrying and stresses further the need for urgent action.”

Visited 37 times, 1 visit(s) today

More on Capital Business

World

Military spending increased by 2.9 percent in real terms from 2024, a sharp slowdown, however, from the 9.7 percent rise recorded the previous year.

Kenya

NAIROBI, Kenya, April 21 – Kenya’s economic recovery is coming under renewed pressure from rising global energy costs and climate-related shocks, despite recent gains...

Agriculture

The firm said the global venom extracts market, valued at $438 million in 2026, is projected to grow to $726 million by 2036, presenting...

Kenya

Carbon markets allow countries and companies to earn or buy credits that represent emissions reductions, giving them a mechanism to offset their carbon output.

World

NEW YORK, Oct. 15 (Xinhua) — The International Monetary Fund (IMF) on Tuesday raised its global economic growth for 2025 to 3.2 percent, 0.2...

World

OCT 13 – A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court...

World

OCT 5 – You could be forgiven for thinking that electric cars might finally be gaining momentum in the US. Click here to connect...

Top Story

NAIROBI, Kenya Jul 1 – BAT Kenya reported a 54 percent reduction in Scope 1 and 2 emissions in 2024, surpassing its 2030 target...