Paris Agreement 1.5°C Goal Effectively Dead as Warming Enters 'Unsafe Zone'

At COP31, leaders acknowledge that the 1.5°C target of the Paris Agreement is no longer achievable, with global warming entering an 'unsafe zone.' This marks a formal shift in climate policy discourse from mitigation to adaptation and loss management. The implications are profound for climate finance, insurance markets, and geopolitical stability, though the exact trajectory of warming remains uncertain.

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