IRMO Brief 01/2024 - COP28 in Dubai: What was achieved and what are its main outcomes?

Average global temperatures this year will be by a significant margin the hottest ever recorded, at about a 1.4˚C rise, so the 1.5˚C buffer is all but used up, while the greenhouse gases in the atmosphere are at concentrations never previously recorded and still rising rapidly. The Intergovernmental Panel on Climate Change (IPCC) says current NDCs are insufficient to keep temperatures within 1.5˚C, even if fully implemented. Carrying on as usual, without change, is forecasted to lead to a catastrophic 2.9˚C rise this century.

‍