As much as 80% of the world’s carbon dioxide emissions between 2016 through 2022 can be traced to just 57 corporate and state fossil fuel and cement producers, think tank InfluenceMap said in a new report on Thursday. In the seven years since the Paris Agreement of 2015, nation-state producers accounted for 38% of emissions in the database, while state-owned entities accounted for 37% and investor-owned companies made up 25% of global CO2 emissions, the research found.
The Carbon Majors database was originally released in 2013 by Richard Heede of the Climate Accountability Institute CAI. Last month, the latest emissions report by the International Energy Agency IEA showed that despite a decline in fossil fuel use in developed economies, global energy-related emissions rose in 2023 to another record-high level as coal use rose in major developing markets hit by low hydropower generation. Global energy-related carbon dioxide CO2 emissions grew by 1.