UN: Paris Goals Unreachable, World on Track for 2.8°C Warming

The UN states that the Paris Agreement's 1.5°C and 2°C targets are now unattainable due to decades of insufficient action, projecting up to 2.8°C warming despite clean energy growth. This marks a formal acknowledgment of policy failure, shifting the climate discourse from mitigation to adaptation. The projection implies accelerated physical risks to economies and supply chains, though the immediate market impact is indirect.

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