TNPSC Thervupettagam

COP 29 - Global Carbon Budget report

November 17 , 2024 19 hrs 0 min 24 0
  • This new research report was released by the Global Carbon Project science team.
  • Global carbon emissions from fossil fuels have reached a record high in 2024.
  • It projects fossil carbon dioxide (CO2) emissions of 37.4 billion tonnes, up 0.8% from 2023.
  • The emissions from land-use change (such as deforestation) of 4.2 billion tonnes.
  • Total CO2 emissions are projected to be 41.6 billion tonnes in 2024, up from 40.6 billion tonnes last year.
  • China’s emissions (32% of the global total) are projected to marginally increase by 0.2%.
  • US emissions (13% of the global total) are projected to decrease by 0.6%.
  • India’s emissions (8% of the global total) are projected to increase by 4.6%.
  • European Union emissions (7% of the global total) are projected to decrease by 3.8%.
  • Emissions in the rest of the world (38% of the global total) are projected to increase by 1.1%.
  • Atmospheric CO2 levels are set to reach 422.5 parts per million in 2024, 2.8 parts per million above 2023, and 52% above pre-industrial levels.

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