Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

World’s oceans at most acidic level in 26,000 years, climate report warns

Published 05/18/2022, 12:18 PM
Updated 05/18/2022, 09:19 PM
© Reuters. FILE PHOTO: A bleaching coral is seen in the place where abandoned fishing nets covered it in a reef at the protected area of Ko Losin, Thailand June 20, 2021. REUTERS/Jorge Silva/File Photo

By Jake Spring

(Reuters) -The world's oceans grew to their warmest and most acidic levels on record last year, the World Meteorological Organization (WMO) said on Wednesday, as United Nations officials warned that war in Ukraine threatened global climate commitments.

Oceans saw the most striking extremes as the WMO detailed a range of turmoil wrought by climate change in its annual "State of the Global Climate" https://mcusercontent.com/e35fa2254c2a4394f75d43308/files/3d2f5b01-11a6-dee2-a42a-13ad5002dc33/1290_Statement_2021_en_1_.pdf report. It said melting ice sheets had helped push sea levels to new heights in 2021.

"Our climate is changing before our eyes. The heat trapped by human-induced greenhouse gases will warm the planet for many generations to come," said WMO Secretary-General Petteri Taalas in a statement.

The report follows the latest U.N. climate assessment, which warned that humanity must drastically cut its greenhouse gas emissions or face increasingly catastrophic changes to the world's climate.

Taalas told reporters there was scant airtime for climate challenges as other crises, such as the COVID-19 pandemic and war in Ukraine, grabbed headlines.

Selwin Hart, U.N. Secretary-General Antonio Guterres's special adviser on climate action, criticised countries reneging on climate commitments due to the conflict, which has pushed up energy prices and prompted European nations to seek to replace Russia as an energy supplier.

DANGEROUS INCREASE

"We are ... seeing many choices being made by many major economies which, quite frankly, have the potential to lock in a high-carbon, high-polluting future and will place our climate goals at risk," Hart told reporters.

On Tuesday, global equity index giant MSCI warned that the world faces a dangerous increase in greenhouse gases if Russian gas is replaced with coal.

The WMO report said levels of climate-warming carbon dioxide and methane in the atmosphere in 2021 surpassed previous records.

Globally, the average temperature last year was 1.11 degrees Celsius above the preindustrial average - as the world edges closer to the 1.5C threshold beyond which the effects of warming are expected to become drastic.

"It is just a matter of time before we see another warmest year on record," Taalas said.

Oceans bear much of the brunt of the warming and emissions. The bodies of water absorb around 90% of the Earth's accumulated heat and 23% of the carbon dioxide emissions from human activity.

The ocean has warmed markedly faster in the last 20 years, hitting a new high in 2021, and is expected to become even warmer, the report said. That change would likely take centuries or millennia to reverse, it noted.

The ocean is also now its most acidic in at least 26,000 years as it absorbs and reacts with more carbon dioxide in the atmosphere.

© Reuters. FILE PHOTO: A bleaching coral is seen in the place where abandoned fishing nets covered it in a reef at the protected area of Ko Losin, Thailand June 20, 2021. REUTERS/Jorge Silva/File Photo

Sea level has risen 4.5 cm (1.8 inches) in the last decade, with the annual increase from 2013 to 2021 more than double what it was from 1993 to 2002.

The WMO also listed individual extreme heatwaves, wildfires, floods and other climate-linked disasters around the world, noting reports of more than $100 billion in damages.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.