The Global Carbon Project (GCP) publishes the Global Carbon Budget 2022 at COP 27 in Egypt on November 11, 2022
Date: November 11, 2022
Headline: No sign of decrease in global CO2 emissions
- Total CO2 emissions remain high at a projected 40.6 billion tonnes of CO2 (GtCO2) in 2022, with no sign of the decrease that is urgently needed to tackle climate change. If current emissions levels persist, there is a 50% chance that warming of 1.5°C will be exceeded in 9 years.
- Global fossil CO2 emissions are projected to rise 1.0% in 2022 (range 0.1% to 1.9%) led by growth in oil use, reaching 36.6 GtCO2. Projected 2022 emissions decrease in China and in the European Union, but increase in the United States, India, and the Rest of the World.
- Global CO2 emissions from land-use change (LUC) are projected to be 3.9 GtCO2 in 2022, following a small but uncertain decline over the past two decades. Indonesia, Brazil and the Democratic Republic of the Congo contribute 58% of global LUC emissions.
- Atmospheric CO2 level is projected to average 417.2 ppm in 2022, 51% above pre-industrial levels. The land and ocean CO2 sinks continue to take up around half of the CO2 emissions, despite the negative impact of climate change.
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