Natural carbon sinks - status, policy and trends

Abstract

According to the scientific community, human activity is the main source of climate change, and carbon dioxide (CO2) is the greenhouse gas that humanity emits in the largest quantitie. Climate change, as a component of the natural environment, has a huge impact on human society. Having more greenhouse gases in the atmosphere than the earth can naturally absorb traps excess heat and raises global temperatures. In this regard, the EU adopted the European Climate Law as a key element of the European Green Deal. The Union’s ambitions are to reduce emissions by 55% compared to 1990 levels by 2030, and to achieve carbon neutrality in terms of climate by 2050, i.e., building a society and economy with zero emissions. The purpose of this report is to reveal the gobal temperature trends as an important indicator of the scale of climate change and its possible impacts on various spheres of vital importance for the planet’s population such as agriculture, construction, transport, tourism, healthcare, etc. The subject of research is the model of global warming trends. The results of the research provide an opportunity for the development of strategic solutions to increase competitive advantages and make them more sustainable in the conditions of a highly competitive environment.