Majority of recent CO2 emissions linked to 57 producers
Source: Asia Insurance Review | May 2024
A new report shows that most global CO2 emissions produced since the Paris agreement can be traced to a small group of 57 high emitters who are failing to slow production. These 57 corporate and state entities can be linked to 80% of fossil fuel and cement CO2 emissions from 2016 through 2022.
The new report by InfluenceMap using Carbon Majors database quantifies the contribution of the world’s largest oil, gas, coal and cement producers to global carbon emissions, which are the primary driver of climate change.
According to the new report nation-state producers account for 38% of emissions in the database since the Paris agreement, while state-owned entities account for 37% and investor-owned companies for 25%. A