The rate of global warming has accelerated sharply, with new research indicating the planet is heating at roughly 0.35°C per decade after adjusting for El Niño, volcanic activity, and solar cycles.
This pace is nearly double the average observed between 1970 and 2015, signaling a rapid intensification of climate trends that could see the 1.5°C threshold breached before 2030 if current trajectories hold.
JPMorgan economists have previously warned that intensifying weather patterns, such as El Niño, combined with higher energy prices, could add 0.
For markets, the implications extend beyond environmental metrics into macroeconomic stability.
JPMorgan economists have previously warned that intensifying weather patterns, such as El Niño, combined with higher energy prices, could add 0.3 percentage points to global inflation next year.
The acceleration in warming rates reinforces the risk that extreme weather events will become more frequent and severe, potentially disrupting supply chains and energy production.
The study comes as global efforts to curb carbon emissions face mounting criticism, with 2023 to 2025 confirmed as the three hottest years on record.