The most likely scenario (SSP2 in graph) has temperatures rising in 2081-2100 by an additional 1.3° C.
This nearly doubles the warming since the industrial revolution.
Carbon dioxide, GtCO2/yr
GtCO2/yr - gigatons of carbon dioxide emissions per year. Data source: IPCC AR6 IPCC – United Nations’ Intergovernmental Panel on Climate Change
Carbon credit market forces, GtCO2e
GtCO2e - gigatons of carbon dioxide equivalents Data source: McKinsey & Co., TSVCM, NGFS
Carbon offsets can save the day
With more governments joining the fight against carbon emissions, the stage is set for climate tech startups to form the next 1,000 billion-dollar unicorns — a sentiment echoed by Bill Gates and Larry Fink.
Important note: just as the speed of climate change has outpaced projections repeatedly, so too have carbon market volumes and prices. Experience favors higher prices sooner rather than later.
Potential yield of carbon credit investments
Global carbon credit supply curve for 2020 - 2050 period, 2020 prices
Retirement, MtCO2e/yr
REDD+ is an initiative to reduce emissions from deforestation and forest degradation in developing countries CCS is carbon capture and storage. BECCS is bioenergy with carbon capture and storage Data source: Trove Research
