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Global Carbon Budget
2024

Selected slides from the full powerpoint available here
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Friedlingstein et al 2024; Global Carbon Project 2024

Atmospheric CO2 concentration

The global CO2 concentration increased from ~277 ppm in 1750 to 422.5 ppm in 2024 (up 52%)

Globally averaged surface atmospheric CO2 concentration. Data from: NOAA-GML after 1980;
the Scripps Institution of Oceanography before 1980
Source: NOAA-GML; Scripps Institution of Oceanography; Friedlingstein et al 2024; Global Carbon Project 2024

Anthropogenic perturbation of the global carbon cycle

Perturbation of the global carbon cycle caused by anthropogenic activities, global annual average for the decade 2014–2023 (GtCO2/yr)

CDR here refers to Carbon Dioxide Removal besides those associated with land-use that are accounted for in the Land-use change estimate. The budget imbalance is the difference between the estimated emissions and sinks.
Source: NOAA-GML; Friedlingstein et al 2024; Canadell et al 2021 (IPCC AR6 WG1 Chapter 5); Global Carbon Project 2024

Global Fossil CO2 Emissions

Global fossil CO2 emissions: 37.0 ± 2 GtCO2 in 2023, 66% over 1990
Projection for 2024: 37.4 ± 2 GtCO2, 0.8% [-0.3% to +1.9%] higher than 2023

The 2024 projection is based on preliminary data and modelling.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Emissions Projections for 2024

There are sharp contrasts between the projected emissions changes for the top emitters

The 2024 projections are based on preliminary data and modelling. ‘Bunkers’ are fossil fuels used for shipping and aviation in international territory.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Fossil CO2 emissions growth: 2022–2024

Emissions are expected to increase in India, international aviation and the combined rest of the world (Others) in 2024, decline in USA and the EU, and increase marginally in China

The 2024 projections are based on preliminary data and modelling.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Land-use change emissions

Land-use change emissions are 4.1 ± 2.6 GtCO2 per year for 2014–2023, and show a negative trend in the last two decades, but estimates are still highly uncertain.
Projection for 2024: 4.2 ± 2.6 GtCO2

Estimates from four bookkeeping models
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Land-use change emissions

Combined land-use change emissions from Brazil, Indonesia, and the Democratic Republic of the Congo make up 60% of the global net land-use change emissions

Estimates from four bookkeeping models
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Forecast of global atmospheric CO2 concentration

The global atmospheric CO2 concentration is forecast to average 422.5 parts per million (ppm) in 2024, increasing by 2.8 ppm.

Source: Friedlingstein et al 2024; Global Carbon Budget 2022

Mauna Loa atmospheric CO2

Atmospheric CO2 concentration has increased every single year, including in 2020, despite the drop in fossil CO2 emissions, because of continued emissions

Source: Friedlingstein et al 2024; Global Carbon Budget 2022

Shared Socioeconomic Pathways (SSPs)

The SSPs were designed to span the range of potential outcomes. Total CO2 emissions are currently tracking in the middle of the range. The temperature outcomes are based on assessed scenarios in IPCC AR6 Working Group I.

This set of quantified SSPs are based on the output of six Integrated Assessment Models (AIM/CGE, GCAM, IMAGE, MESSAGE, REMIND, WITCH). Net emissions include those from land-use change and bioenergy with CCS.
Source: Riahi et al. 2016; Rogelj et al. 2018; IIASA SSP Database; IAMC; Global Carbon Project 2024

Global Fossil CO2 Emissions

Global fossil CO2 emissions have risen steadily over the last decades. Emissions are set to grow again in 2024.

The 2024 projection is based on preliminary data and modelling.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Global Fossil CO2 Emissions

For the last 100 years, it has generally taken a crisis to drive global emissions reductions. To stabilise temperatures, intentional, planned, sustained global reductions must begin.

The 2024 projection is based on preliminary data and modelling.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Top emitters: Fossil CO2 Emissions to 2023

The top six emitters in 2023 covered 68% of global emissions China 32%, United States 13%, India 8%, EU 7%, Russia 5%, and Japan 3%

International aviation and maritime shipping (bunker fuels) contributed 3.0% of global emissions in 2023.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Top emitters: Fossil CO2 Emissions per capita to 2023

Countries have a broad range of per capita emissions reflecting their national circumstances

International aviation and maritime shipping (bunker fuels) contributed 3.0% of global emissions in 2023.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Fossil CO2 emissions – Kaya decomposition

Globally, decarbonisation and declines in energy per GDP are largely responsible for the reduced growth rate in emissions over the last decade. 2020 was a clear outlier with a severe decline in GDP.

Fossil CO2 emissions by source

Share of global fossil CO2 emissions in 2023: coal (41%), oil (32%), gas (21%), cement (4%), flaring and others (2%, not shown)

The 2024 projection is based on preliminary data and modelling.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Fossil CO2 emissions growth: 2022–2024

Global emissions from oil continued to rebound in both 2023 and 2024 with recovery of aviation. In 2023 natural gas grew slowly because of supply constraints but returns to growth in 2024. Coal continues to climb.

Fossil CO2 emissions by source

Emissions by category from 2000 to 2024, with growth rates indicated for the more recent period of 2019 to 2024. Coal use has returned to growth, and both coal and oil declined sharply in the pandemic year 2020.

Energy use by source

Consumption of natural gas was flat in 2023, but oil exceeded its pre-pandemic level. Renewable energy continued to grow, but needs to grow even faster to replace fossil energy consumption.

This figure shows “primary energy” using the substitution method (non-fossil sources are scaled up by an assumed fossil efficiency of approximately 0.38)
Source: Energy Institute 2023; Global Carbon Project 2024

Fossil CO2 emissions in China

China’s coal and oil consumption levelled off in 2024,
while emissions from gas continue to grow strongly

Fossil CO2 emissions in USA

The USA’s emissions from coal continued their long decline in 2024, to their lowest level since 1902, as the transition to natural gas and growth in renewables continue. Emissions from oil are still below 2019’s level.

Fossil CO2 emissions in India

India’s emissions continue to grow strongly in 2024. Increases in solar and wind capacity were far from sufficient to meet a large increase in power demand as the economy grows strongly.

Fossil CO2 emissions in the European Union

The EU’s emissions from coal continue to fall strongly in 2024, a result of strong growth in renewables
but also economic headwinds caused by high energy costs.

Fossil CO2 emissions in Rest of World

In the rest of the world, emissions from coal and oil grow slightly while natural gas jumps again.
Oil in international aviation grew strongly again, nearing pre-pandemic levels.

The Rest of the World is the global total less China, US, EU, and India.
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Cement carbonation sink

The production of cement results in ‘process’ emissions of CO2 from the chemical reaction. During its lifetime, cement slowly absorbs CO2 from the atmosphere.

Total global emissions

Total global emissions, projected to reach 41.6 ± 3.2 GtCO2 in 2024, 51% over 1990. Percentage land-use change: 42% in 1960, 10% averaged 2014–2023

Land-use change estimates from three bookkeeping models, using fire-based variability from 1997
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Global carbon budget

Carbon emissions are partitioned among the atmosphere and carbon sinks on land and in the ocean. The “imbalance” between total emissions and total sinks is an active area of research.

Ocean sink

The ocean carbon sink, estimated by Global Ocean Biogeochemical Models and observation-based data products, amounts to 10.5 ± 1.5 GtCO2/yr for 2014–2023 and 10.6 ± 1.5 GtCO2/yr in 2023. The ocean sink increased in 2023, in line with the expected sink response to the 2023 El Niño conditions. This is after no growth since 2019 due to a triple La Niña event during 2020–2022.

Terrestrial sink

The land carbon sink, estimated by Dynamic Global Vegetation Models, was 11.7 ± 3.2 GtCO2/yr during 2014–2023. The effects of El Niño that developed in late 2023 and early 2024 reduced the land CO2 sink to 8.4 GtCO2 in 2023, 28% below its decadal mean. The total CO2 fluxes on land (including land-use change) are also constrained by atmospheric inversions.

Global carbon budget

The cumulative contributions to the global carbon budget from 1850. The carbon imbalance represents the gap in our current understanding of sources & sinks.

Remaining carbon budget

The remaining carbon budgets to limit global warming to 1.5°C , 1.7°C and 2°C are 
235 GtCO2, 585 GtCO2, and 1110 GtCO2 respectively, equivalent to 6, 14 and 27 years from 2025. 2650 GtCO2 have been emitted since 1850

The remaining carbon budgets is the average of two estimates (IPCC AR6 and Forster et al., 2023), both updated by removing the most recent emissions. Quantities are subject to additional uncertainties e.g., future mitigation choices of non-CO2 emissions
Source: IPCC AR6 WG1; Friedlingstein et al 2024; Global Carbon Budget 2022

Remaining carbon budget

Global CO2 emissions must reach zero to limit global warming

Emissions changes 2022–2024

Emissions from coal in China and India have been a core reason for global growth. Both 2023 and 2024 were marked by post-pandemic recovery in international aviation (bunkers).

Top emitters: Fossil CO2 Emissions

Emissions by country from 2000 to 2024, with the growth rates
indicated for the more recent period of 2019 to 2024

Per capita CO2 emissions

Top emitters: Fossil CO2 Emission Intensity

Emission intensity (emission per unit economic output) generally declines over time. In many countries, these declines are insufficient to overcome economic growth.

Kaya decomposition

The Kaya decomposition illustrates that relative decoupling of economic growth from CO2 emissions is driven by improved energy intensity (Energy/GDP) and, recently, carbon intensity of energy (CO2/Energy)

GDP: Gross Domestic Product (economic activity)
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Fossil CO2 emission intensity

The 10 largest economies have a wide range of emission intensity of economic activity

Emission intensity: Fossil CO2 emissions divided by Gross Domestic Product (GDP)
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Fossil CO2 Emissions per capita

The 10 most populous countries span a wide range of development and emissions per capita

Emission per capita: Fossil CO2 emissions divided by population
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Alternative rankings of countries

The responsibility of individual countries depends on perspective. Bars indicate fossil CO2 emissions, population, and GDP.

GDP: Gross Domestic Product in Market Exchange Rates (MER) and Purchasing Power Parity (PPP)
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Breakdown of global fossil CO2 emissions by country

Fossil CO2 emissions by continent

Asia dominates global fossil CO2 emissions, while emissions in North America are of similar size to those in Europe, and the Middle East is growing rapidly.

Fossil CO2 emissions by continent: per capita

Oceania and North America have the highest per capita emissions, while the Middle East has recently overtaken Europe. Africa has by far the lowest emissions per capita.

Consumption-based emissions (carbon footprint)

Allocating fossil CO2 emissions to consumption provides an alternative perspective. USA and EU are net importers of embodied emissions, China and India are net exporters.

Consumption-based emissions are calculated by adjusting the standard emissions estimates to account for international trade
Source: Peters et al 2011; Friedlingstein et al 2024; Global Carbon Project 2024

Consumption-based emissions per person

The differences between fossil CO2 emissions per capita is larger than the differences between consumption and territorial emissions.

Consumption-based emissions (carbon footprint)

Transfers of emissions embodied in trade between OECD and non-OECD countries grew slowly during the 2000’s, declined to 2015 and have been relatively flat since then.

Total global emissions by source

Land-use change was the dominant source of annual CO2 emissions until around 1950. Fossil CO2 emissions now dominate global changes.

Others: Emissions from cement production, gas flaring and carbonate decomposition
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Historical cumulative emissions by source

Others: Emissions from cement production, gas flaring and carbonate decomposition
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Historical cumulative fossil CO2 emissions by country

‘All others’ includes all other countries along with emissions from international aviation and maritime shipping
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Historical cumulative emissions by continent

Cumulative fossil CO2 emissions (1850–2023). North America and Europe have contributed the most cumulative emissions, but Asia is growing fast.

The figure excludes emissions from international aviation and maritime shipping
Source: Friedlingstein et al 2024; Global Carbon Project 2024

Contributors

P Friedlingstein | M O'Sullivan | MW Jones | RM Andrew | J Hauck | P Landschützer | C Le Quéré | H Li | IT Luijkx | A Olsen | GP Peters | W Peters | J Pongratz | C Schwingshackl | S Sitch | JG Canadell | P Ciais | RB Jackson
SR Alin | A Arneth | V Arora | NR Bates | M Becker | N Bellouin | CF Berghoff | HC Bittig | L Bopp | P Cadule | K Campbell | M Chamberlain | N Chandra | F Chevallier | LP Chini | TH Colligan | J Decayeux | L Djeutchouang | X Dou | C Duran Rojas | K Enyo | W Evans | A Fay | RA Feely | DJ Ford | A Foster | T Gasser | M Gehlen | J Ghattas | T Gkritzalis | G Grassi | L Gregor | N Gruber | Ö Gürses | I Harris | M Hefner | J Heinke | GC Hurtt | Y Iida | T Ilyina | AR Jacobson | AK Jain | T Jarníková | A Jersild | F Jiang | Z Jin | E Kato | RF Keeling | K Klein Goldewijk | J Knauer | J Korsbakken | SK Lauvset | N Lefèvre | Z Liu | J Liu | L Ma | S Maksyutov | G Marland | N Mayot | P McGuire | N Metzl | NM Monacci | EJ Morgan | S Nakaoka | C Neill | Y Niwa | T Nutzel | L Olivier | T Ono | PI Palmer | D Pierrot | Z Qin | L Resplandy | A Roobaert | C Rödenbeck | J Schwinger | TL Smallman | S Smith | R Sospedra-Alfonso | T Steinhoff | Q Sun | AJ Sutton | R Séférian | S Takao | H Tatebe | H Tian | B Tilbrook | E Tourigny | H Tsujino | F Tubiello | G van der Werf | R Wanninkhof | W Xuhui | D Yang | X Yang | Z Yu | W Yuan | X Yue | S Zaehle | N Zeng | J Zeng