HomeCarbon NewsLargest UN Climate Change Report to Date Released

Largest UN Climate Change Report to Date Released

The UN has released a report on the latest findings about climate change. The report was created by The Intergovernmental Panel on Climate Change, a UN body responsible for the science associated with climate change. The report drew from over 14,000 previous studies to come up with a detailed analysis.

Breaking the Carbon Budget

One major finding of the report is that humans will have a carbon budget to keep temperature levels 1.5 degrees Celsius below pre-industrial levels. The carbon budgest is the amount of carbon emissions that can be released before 1.5 degrees Celsius is not reachable. Currently, humans are on track to burn through that budget in 10 years.

Extreme Weather

The report also mentions a drastic increase of extreme weather. Heatwaves are becoming increasingly more common as are intense snow or rainfall. As well, forest fires are becoming greater and greater, especially as forest fire season grows longer and longer.

Placed Blame

In previous UN reports, humans were likely to blame for climate change and global warming. However, this report has placed the blame solely on humans by stating “It is unequivocal that human influence has warmed the atmosphere, ocean and land. Widespread and rapid changes in the atmosphere, ocean, cryosphere and biosphere have occurred.”

Most Popular
LATEST CARBON NEWS

Indian Government Announces Massive New Green Hydrogen Project

India’s National Green Hydrogen Mission is another decarbonization strategy to become energy-independent by 2047 and achieve net zero by 2070. The mission was approved by...

Canada’s $5 Billion Carbon Pricing Revenue Sparks Debate

Canada's federal carbon pricing policy is a pivotal component of the nation's efforts to combat climate change. The Parliamentary Budget Officer’s latest estimates show...

The Implications of Technology-Neutral Tax Credits in U.S. Power Sector

Clean energy projects completed after 2024 in the U.S. could access innovative, technology-neutral tax credits under the Inflation Reduction Act (IRA). These credits, similar...

India Revises Its Carbon Credit Trading Scheme for Voluntary Players

India made a bold move in 2024 by revamping its Carbon Credit Trading Scheme (CCTS), allowing non-obligated entities to participate in the tradable carbon...
CARBON INVESTOR EDUCATION

What Is COP28? Key Issues to Watch Out at 2023 Climate Summit

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations...

Climate Disclosure: New Corporate Standards for a Net Zero World

As part of the world’s continued efforts to combat climate change and transition towards net zero, one important piece of the puzzle is new...

Carbon Pricing: Understanding The Economics and Trends of Fighting Climate Change

As global temperatures continue to rise, the urgency surrounding climate policies has intensified, thrusting carbon pricing into the limelight of climate discussions. The race to...

The EU Corporate Sustainability Reporting Directive (CSRD): Key Things to Know

Companies operating in the European Union will have to deal with new non-financial and sustainability reporting requirements starting January 2024 with the EU's Corporate...