COP31 Enters Second Day Amid New Global Emissions Assessment

According to comprehensive data from scientists covering the year so far, carbon dioxide emissions from oil, gas, and coal are forecast to flatline in 2026. The shift is largely attributed to soaring oil and gas prices following the war in Iran, which has encouraged individuals to look beyond fossil fuels and economize on fuel consumption. Notably, emissions from burning oil alone are projected to drop by 2%, driven in part by a growing transition to electric vehicles.

With the early data setting the backdrop for ongoing international negotiations, the summit is preparing to host world leaders from more than 90 countries on Tuesday.