BBVA Research: Current policies lead to 2,5°C warming, investment required for 1,5°C
Key Points
- BBVA Research analysis predicts that current policies will lead to 2,3-2,5°C warming.
- The Paris Agreement’s 1,5°C target is unattainable under the current trajectory.
- Implementation of existing targets with financing and accountability is needed more than new commitments.
- Garanti BBVA provides financial and advisory support for Turkey’s green transformation.
By the Numbers
BBVA Research analysis shows that if current climate policies are continued, global warming will reach the 2,3-2,5°C level, which remains far above the Paris Agreement’s 1,5°C target.
According to the report, the real problem is not new commitments but the implementation of existing targets.
Experts emphasize that targets must be backed by concrete steps, sufficient financing, identification of responsible actors, and mechanisms to measure outcomes. In this context, the growing role of financial institutions is highlighted.
Garanti BBVA focuses on providing financing, advisory services, and sectoral expertise together to support Turkey’s sustainable transformation. The bank is developing tools to accelerate the green transition in the real economy.
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Frequently Asked Questions
- What temperature range does the BBVA Research analysis forecast for global warming?
- If current policies continue, global warming is expected to reach the 2,3-2,5°C level.
- Why is implementation prioritized over new commitments while the 1,5°C target is at risk?
- Even current commitments are insufficient; the real issue is translating these commitments into concrete steps, financing, and oversight mechanisms.
- What is Garanti BBVA doing for Turkey’s climate goals?
- It accelerates the green transition by providing financing, advisory services, and sectoral expertise to support the sustainable transformation.
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