An ominous climate change outlook The world in 2023 entered uncharted territory as it suffered its hottest year on record and global greenhouse gas emissions continued to rise. Both global and North Atlantic sea-surface temperatures broke records, and Antarctic sea ice reached its lowest daily extent since the advent of satellite data. The world already risks exceeding a goal of the Paris climate agreement—a temperature increase of no more than 1.5 degrees Celsius above pre-industrial levels—because of insufficient commitments to reduce greenhouse gas emissions and insufficient implementation of commitments already made. To halt further warming, the world must achieve net zero carbon dioxide emissions. The world invested a record-breaking $1.7 trillion in clean energy in 2023, and countries representing half the world’s gross domestic product pledged to triple their renewable energy capacity by 2030. Offsetting this, however, were fossil fuel investments of nearly $1 trillion. In short, current efforts to reduce greenhouse gas emissions are grossly insufficient to avoid dangerous human and economic impacts from climate change, which disproportionately affect the poorest people in the world. Barring a marked increase in efforts, the toll of human suffering from climate disruption will inexorably mount.
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