S&P Global: 2.3 degrees C of global warming likely in 15-25 years

The extent of emission reductions achieved this decade will largely determine whether global warming can be limited to 1.5°C or 2°C. According to the Intergovernmental Panel on Climate Change (IPCC), climate mitigation today is significantly more valuable than action delayed by even a year. Carbon markets offer a scalable solution to immediately finance forest management practices that utilizes trees for carbon sequestration. Looking to support these efforts and invest in a IFM project? Click the link below! https://lnkd.in/e3CVG7-C

Mitigation is 6 times cheaper than climate damages. Going 'green' is just wise in terms of economy. "The world economy is committed to an income reduction of 19% within the next 26 years independent of future emission choices (relative to a baseline without climate impacts, likely range of 11–29% accounting for physical climate and empirical uncertainty). These damages already outweigh the mitigation costs required to limit global warming to 2 °C by sixfold over this near-term time frame" https://lnkd.in/drV8wbKY

As the world approaches COP30 Brazil, we find ourselves at a critical juncture, updated Nationally Determined Contributions (NDCs) are due, yet global warming is still projected to reach 2.5–2.9°C. This latest blog from our Senior consultant, Paula Brufman and Senior analyst, Ayoub Omri, explores the consequences of delayed action from major emitters and what this means for developing nations already on the front lines of climate impacts. It also examines how the Global Stocktake can drive more ambitious, sector-specific solutions. It also introduces the concept of a Globally Determined Contribution (GDC) to better integrate non-state actors into climate action. Read and understand 🔗 https://lnkd.in/eruUGMhM

What role does carbon dioxide really play in global warming? 🌍 CO₂ is often named the main culprit in climate change, but why? And how can we reduce its impact while continuing to meet the needs of modern society? In our latest blog post, we break down: ✔️ Why CO₂ matters for businesses ✔️ Where it comes from ✔️ How innovative materials like UBQ™ can help reduce emissions at the source 📖 Read the full article: https://lnkd.in/e35pGjpV #UBQ #Innovation #EvolvedPlastics #CircularEconomy #NetZero

In recent times, food and drink has had a front row seat to the impact of climate change on our planet – and the problem is escalating. With the impact of global warming estimated to cost the global food economy $38trn by 2050, what can businesses do to make themselves and their supply chains more resilient now? The answer is to become more climate proactive. But how to do it? We explore the what, why, when and how in our new article on the subject... https://hubs.li/Q03KvW6j0

The Australian Climate Service’s National Climate Risk Assessment has now been published, and it's a groundbreaking report from the Australian Government that forecasts the risk of climate change to Australia's built environment and communities. What could Australia look like in the future if: There was an average global warming increase of 1.5°C? What about 2°C? And how about - even higher still - 3°C? For a summary of the report, see the infographic below from HVAC&R (article here: https://lnkd.in/gM8RvxgD) Or, for the full report, visit: https://lnkd.in/g8ftaXiT #climagechange #environment #climaterisk

The 2025 Global Tipping Points Report reveals that our rapidly warming world is approaching critical ecological thresholds. Our researchers are amongst 160 scientists from 87 institutions in 23 countries that have contributed to the report. As world leaders get ready to gather for COP30, it shows Earth’s climate and nature are already passing tipping points as global warming approaches 1.5°C. But the report also identifies how positive tipping points can drive decarbonisation at scale. Read more 👉 https://lnkd.in/eK2NRSYf University of Exeter WWF-UK GSI PIK - Potsdam Institute for Climate Impact Research WWF-Brasil

Computer climate models — like those used extensively by the influential United Nations’ Intergovernmental Panel on Climate Change (IPCC) — tend to over-estimate global warming as compared to actual temperature measurements over time. Learn more: https://lnkd.in/gV8Fd7w9

The Australian Government has just released its updated Nationally Determined Contribution (NDC) under the Paris Climate Agreement. It’s set a target of 62-70% emissions reduction on 2005 levels by 2035. But scientists say to keep warming within 1.5°C, developed countries like Australia must reduce emissions by at least 75% below 2005 levels by 2030, and must reach net zero by 2035 to give the best possible opportunity to avert major disruption to Earth’s climate systems. This new NDC falls far short of that trajectory. Instead, it risks locking us into dangerous levels of warming, with profound consequences for communities, ecosystems, and future generations Read our briefing note: https://lnkd.in/g4fxepVx

Net Zero is the balance between the amount of greenhouse gases (like carbon dioxide - CO2) put into the atmosphere and the amount taken out. The scientific consensus (via the IPCC - Intergovernmental Panel on Climate Change) is clear: to limit global warming to 1.5°C and avoid the worst impacts of climate change, the world must reach Net Zero by around 2050. This is a global race, with countries, cities, and companies all setting their own targets. Net Zero is about no longer adding to the problem. It's the fundamental goal for a stable climate.