Emissions rise slowed down last year, but droughts hit progress
Still, advanced economies experienced their largest emissions drop outside of a recession.
The increase in global CO2 emissions slowed down in 2023 thanks to large-scale renewable energy deployment, but droughts affected hydropower generation, causing an extra 170 million tonnes of emissions.
This is according to the International Energy Agency’s latest CO2 emissions report, which found that the world reached a new record high of 37.4 gigatonnes last year, up 1.1% (410 million tonnes) from 2022.
