{"id":3875,"date":"2025-01-13T08:00:17","date_gmt":"2025-01-13T07:00:17","guid":{"rendered":"https:\/\/sustainaccount.com\/?p=3875"},"modified":"2025-01-20T00:00:18","modified_gmt":"2025-01-19T23:00:18","slug":"new-records-in-climate-change","status":"publish","type":"post","link":"https:\/\/sustainaccount.com\/en\/new-records-in-climate-change\/","title":{"rendered":"New records in climate change"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3875\" class=\"elementor elementor-3875\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3cd7f85a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3cd7f85a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62ee63c6\" data-id=\"62ee63c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77d14ce3 elementor-widget elementor-widget-text-editor\" data-id=\"77d14ce3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The year 2024 will be remembered as the year of new records for climate change. According to the <strong>Copernicus Climate Change Service (C3S)<\/strong>, global surface air temperatures soared to unprecedented levels, reaching an annual average of 15.10\u00b0C, which is <strong>1.6\u00b0C above pre-industrial levels<\/strong>. This marks the first full calendar year to surpass the <strong>1.5\u00b0C threshold<\/strong> set by the Paris Agreement as a critical limit to prevent the most severe impacts of global warming. The findings of the C3S are a stark wake-up call, emphasizing the urgent need for transformative action on climate change.<\/p><h6><strong>Breaking Records, Raising Alarms<\/strong><\/h6><p>Throughout 2024, every month from January to June broke temperature records for their respective months. Notably, August 2024 equaled the record warmth of August 2023, which had already been a year of exceptional heat. On <strong>22 July 2024<\/strong>, the global daily average temperature reached an astonishing <strong>17.16\u00b0C<\/strong>, the highest on record. These figures highlight not just anomalies but the clear trajectory of a warming planet.<\/p><p><strong>Here are the key insights from the analysis:<\/strong><\/p><p><strong>1. Record-Breaking Global Temperatures<\/strong><br \/>2024 broke monthly temperature records from January through June, with July 22 witnessing the highest global daily average temperature ever recorded at 17.16\u00b0C. These figures confirm the accelerating pace of global warming, driven by decades of greenhouse gas emissions.<\/p><p><strong>2. Escalation of Extreme Weather Events<\/strong><br \/>The rise in global temperatures fueled devastating climate events:<\/p><ul><li><strong>Heatwaves<\/strong> scorched parts of Europe, Asia, and North America, causing widespread health crises and straining energy systems.<\/li><li><strong>Floods<\/strong> devastated regions in South Asia and Central Europe, displacing millions and causing billions of dollars in damages.<\/li><li><strong>Wildfires<\/strong> ravaged parts of the Mediterranean, North America, and Australia, destroying ecosystems and livelihoods.<\/li><\/ul><p><span style=\"font-size: 16px;\">These events underscore the escalating risks posed by a warming climate and the immediate need to enhance both mitigation and adaptation strategies.<\/span><\/p><p><strong>3. The 1.5\u00b0C Threshold Breach<\/strong><br \/>Crossing the 1.5\u00b0C threshold is a warning sign. This critical boundary, identified by scientists, significantly increases the risk of tipping points such as ice sheet collapses, ecosystem loss, and irreversible economic consequences.<\/p><h5><strong>Consequences for Real Estate<\/strong><\/h5><p>Rising global temperatures and extreme weather events pose significant challenges for the real estate sector, with far-reaching consequences:<\/p><ul><li><strong>Increased Exposure to Climate Risks<\/strong><br \/>Properties in high-risk areas face greater vulnerability to flooding, hurricanes, and wildfires, which can lead to physical damage, reduced property values, and uninsurability.<\/li><li><strong>Higher Operational Costs<\/strong><br \/>Buildings are experiencing heat stress due to rising temperatures, resulting in increased energy demand for cooling and accelerated infrastructure degradation.<\/li><li><strong>Shift in Location Demand<\/strong><br \/>Buyers and renters are increasingly prioritizing climate-resilient locations. This shift is already reshaping real estate markets, with high-risk areas losing appeal and value.<\/li><li><strong>Stricter Sustainability Regulations<\/strong><br \/>Governments are implementing stricter mandates, such as the European Green Deal, requiring real estate assets to meet sustainability and energy efficiency standards.<\/li><\/ul><h6><strong>Adapting Real Estate to a Hotter Planet<\/strong><\/h6><p>The real estate industry must act swiftly to mitigate risks and adapt to new climate realities. Proactive strategies include:<\/p><ul><li><strong>Assessing Climate Risks<\/strong>:<br \/>Identifying vulnerabilities to extreme weather events and chronic climate changes helps protect long-term property value.<\/li><li><strong>Sustainable and Resilient Design<\/strong>:<br \/>Investing in heat-resistant materials, flood defenses, and adaptive infrastructure ensures properties can withstand future climate challenges.<\/li><li><strong>Rethinking Investment Strategies<\/strong>:<br \/>Prioritize climate-resilient locations to align with shifting demand and safeguard returns.<\/li><\/ul><h6><strong>What Must Be Done<\/strong><\/h6><p>While reducing greenhouse gas emissions remains the cornerstone of climate action, the events of 2024 highlight the growing importance of <strong>adaptation<\/strong> measures. Communities worldwide need support to cope with the impacts already in motion. Here\u2019s what is urgently required:<\/p><ul><li><strong>Scaling Up Renewable Energy<\/strong>: Transitioning from fossil fuels to renewable energy sources like wind and solar is critical to reducing emissions.<\/li><li><strong>Investing in Resilience<\/strong>: Infrastructure needs to be designed to withstand extreme weather events, from flood defenses to heat-resistant buildings.<\/li><li><strong>Nature-Based Solutions<\/strong>: Restoring ecosystems, such as forests and wetlands, can help absorb carbon and provide natural buffers against climate impacts.<\/li><li><strong>Global Collaboration<\/strong>: International cooperation and financing are essential to support vulnerable nations disproportionately affected by climate change.<\/li><\/ul><h6><strong>A Call to Action<\/strong><\/h6><p>While reducing greenhouse gas emissions remains the cornerstone of climate action, the events of 2024 highlight the growing importance of <strong>adaptation<\/strong> measures to address the inevitable impacts of climate change. For the real estate industry, this means embracing <strong>resilience solutions<\/strong> and integrating <strong>climate adaptation strategies<\/strong> into every phase of property development and management.<\/p><p>As global temperatures continue to rise, real estate stakeholders must act decisively to protect assets, enhance long-term value, and support a sustainable future.<\/p><p>Learn more: <a href=\"https:\/\/climate.copernicus.eu\/global-climate-highlights-2024\">Global Climate Highlights 2024<\/a><\/p><p>Visit our <a href=\"https:\/\/sustainaccount.com\/\">website<\/a> or connect with us on <a href=\"https:\/\/www.linkedin.com\/company\/sustainaccount\/\">LinkedIn<\/a> for more insights.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The year 2024 will be remembered as the year of new records for climate change. According to the Copernicus Climate Change Service (C3S), global surface air temperatures soared to unprecedented levels, reaching an annual average of 15.10\u00b0C, which is 1.6\u00b0C above pre-industrial levels. This marks the first full calendar year to surpass the 1.5\u00b0C threshold [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":3892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1,2],"tags":[101,109,103,105,104,102,108,107,106],"class_list":["post-3875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","category-news","tag-climate-change","tag-european-green-deal","tag-extreme-weather-events","tag-floods","tag-heatwaves","tag-paris-agreement","tag-property-vulnerabilities","tag-real-estate-climate-risks","tag-wildfires"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New records in climate change - Sustainaccount<\/title>\n<meta name=\"description\" content=\"2024 set alarming new records in climate change, surpassing 1.5\u00b0C and escalating extreme weather. 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