Will the world pass 2 degrees Celsius over pre-industrial levels before 2050?
Yes refers to: Before 2050
Short Answer
1. Executive Verdict
- IEA identifies an 'emissions gap' increasing likely global temperature rise.
- Aerosol reductions are projected to unmask 0.23 °C warming by 2045.
- Permafrost carbon feedback will significantly contribute to global warming by 2050.
- The analysis model predicts an 82.1% chance of exceeding 2C before 2050.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Before 2050 | 80.0% | 82.1% | Current greenhouse gas emission trajectories indicate a high likelihood of exceeding 2°C warming before 2050. |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Market Data
Contract Snapshot
This market resolves to Yes if the annual global mean surface temperature anomaly reaches or exceeds +2.0°C above 1850-1900 pre-industrial levels in any calendar year before January 1, 2050. If this condition is not met by December 31, 2049, the market resolves to No. A Yes resolution requires at least two of the specified Source Agencies (NASA GISS, NCEI, Berkeley Earth, and HadCRUT) to report the 2.0°C threshold has been met.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Before 2050 | $0.81 | $0.24 | 80% |
Market Discussion
Limited public discussion available for this market.
4. What Temperature Increases Do IEA and IPCC Scenarios Project?
| IEA Stated Policies Scenario Temperature Increase | 2.7 °C by 2100 [^] |
|---|---|
| IEA Announced Pledges Scenario Temperature Increase | 1.7 °C by 2100 [^] |
| IPCC SSP3-7.0 Pathway Temperature Increase | 3.6 °C by 2100 [^] |
5. What Global Warming Is Unmasked by SO2 and Aerosol Declines?
| Total Unmasked Warming | 0.23 °C by 2045 (peer-reviewed papers) [^] |
|---|---|
| Warming from Shipping SO2 Reductions | 0.05 °C by 2050 [^] |
| Warming from East Asian Aerosol Declines | 0.18 °C by 2040–2049 [^] |
6. What is Permafrost Carbon Feedback's Global Warming Impact by 2050 and 2100?
| PCF Additional Warming by 2100 | 0.13–0.27 °C [^] |
|---|---|
| Permafrost Carbon Emissions by 2050 | 10–50 Pg C (up to 100 Pg C) [^] |
| CMIP6 ESMs Carbon Release by 2100 | 30–60 Pg C (under SSP5-8.5) [^] |
7. When Will Solar-Plus-Storage Outcompete Coal in India and Indonesia?
| Projection Year | 2027 [^] |
|---|---|
| Economic Tipping Point | Solar PV plus 4-hour battery storage LCOE falls below marginal cost of operating existing coal-fired power plants [^] |
| Key Regions Affected | India and Indonesia [^] |
8. What is 'super' El Niño probability (2025-2035) and temperature impact?
| Super El Niño probability (2025-2035) | Not directly available in decadal forecasts [^] |
|---|---|
| Temperature increase from strong El Niño | 0.1 to 0.2 degrees Celsius [^] |
| Super El Niño ONI anomaly definition | >2.0 degrees Celsius above average [^] |
9. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: January 08, 2050
- Closes: January 01, 2050
10. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
12. Historical Resolutions
No historical resolution data available for this series.
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