Global Carbon Budget 2023

"The Global Carbon Budget is our compass for navigating the path towards a sustainable and low-carbon future."
December 5, 2023

The annual Global Carbon Budget projects fossil carbon dioxide (CO2) emissions of 36.8 billion tonnes in 2023, up 1.1% from 2022.

University of Exeter: “The Global Carbon Budget is our compass for navigating the path towards a sustainable and low-carbon future.”

The Global Carbon Budget has over 100 contributors from many organisations and countries. It was founded by the Global Carbon Project international science team to track the trends in global carbon emissions and sinks and is a key measure of progress towards the goals of the Paris Agreement. It’s widely recognised as the most comprehensive report of its kind. The budget is updated annually and published at the COP meetings every year.

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