COP 29 - Global Carbon Budget report
November 17 , 2024
5 days
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- 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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