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Ocean Warming Speeds Up Over Four Times Faster Than In the 1980s, Study Reveals

Ocean temperatures are rising at an alarming pace, now warming more than four times faster than they were in the late 1980s, according to a new study published in Environmental Research Letters today (January 28, 2025).

In the late 1980s, the oceans warmed by just 0.06°C per decade, but this rate has now surged to 0.27°C per decade, highlighting a dramatic acceleration in global warming. Researchers believe this rapid temperature rise is contributing to the record ocean temperatures observed throughout 2023 and early 2024.

Professor Chris Merchant, lead author at the University of Reading and the National Centre for Earth Observation, likened the shift to a bathtub of water. “If the oceans were a bathtub, then in the 1980s, the hot tap was running slowly, warming up the water by just a fraction of a degree each decade. But now, the hot tap is running much faster, and the warming has picked up speed,” said Merchant. “The way to slow down that warming is to start closing off the hot tap, by cutting global carbon emissions and moving towards net-zero.”

Energy Imbalance Driving Acceleration

This increasingly rapid ocean warming is primarily driven by Earth’s growing energy imbalance, where more energy from the Sun is being absorbed than can escape back into space. Since 2010, this imbalance has roughly doubled, in part due to rising greenhouse gas concentrations and a decrease in the Earth’s reflection of sunlight.

From 2023 to early 2024, global ocean temperatures hit record highs for 450 consecutive days. While El Niño, a natural warming phenomenon in the Pacific, contributed to part of this heat, comparisons with the 2015-2016 El Niño revealed that the bulk of the extraordinary warmth could be attributed to the ocean’s increasing rate of heat absorption. In fact, 44% of this record-breaking warmth was due to oceans absorbing heat at a faster rate than in previous decades.

Implications For Future Warming

The study’s findings suggest that the ocean warming experienced over the past four decades may be just the beginning. The rate of warming seen in the last 40 years could be surpassed in just the next two decades, which will have significant implications for global climate patterns. Since the surface oceans set the pace for overall global warming, this accelerating rate of ocean temperature rise is an urgent indicator for the climate as a whole.

This study underscores the pressing need to reduce fossil fuel emissions to avoid even more rapid temperature increases and begin stabilising the climate before it is too late. The warning is clear: if left unchecked, the Earth’s rapidly warming oceans will continue to exacerbate the climate crisis.

Strained Household Finances: Eurostat Data Reveals Persistent Payment Delays Across Europe and in Cyprus

Improved Financial Resilience Amid Ongoing Strains

Over the past decade, Cypriot households have significantly increased their ability to manage debts—not only bank loans but also rent and utility bills. However, recent Eurostat data indicates that Cyprus continues to lag behind the European average when it comes to covering financial obligations on time.

Household Coping Strategies and the Limits of Payment Flexibility

While many families are managing their fixed expenses with relative ease, one in three Cypriots struggles to cover unexpected costs. This delicate balancing act highlights how routine payments such as mortgage installments, rent, and utility bills are met, but precariously so, with little room for unplanned financial shocks.

Breaking Down Payment Delays Across the European Union

Eurostat reports that nearly 9.2% of the EU population experienced delays with their housing loans, rent, utility bills, or installment payments in 2024. The situation is more acute among vulnerable groups: 17.2% of individuals in single-parent households with dependent children and 16.6% in households with two adults managing three or more dependents faced payment delays. In every EU nation, single-parent households exhibited higher delay rates compared to the overall population.

Cyprus in the Crosshairs: High Rates of Financial Delays

Although Cyprus recorded a notable 19.1 percentage point improvement from 2015 to 2024 in delays related to mortgages, rent, and utility bills, the island nation still ranks among the top five countries with the highest delay rates. As of 2024, 12.5% of the Cypriot population had outstanding housing loans or rent and overdue utility bills. In contrast, Greece tops the list with 42.8%, followed by Bulgaria (18.7%), Romania (15.3%), Spain (14.2%), and other EU members. Notably, 19 out of 27 EU countries reported delay rates below 10%, with Czech Republic (3.4%) and Netherlands (3.9%) leading the pack.

Selective Improvements and Emerging Concerns

Between 2015 and 2024, the overall EU population saw a 2.6 percentage point decline in payment delays. Despite this, certain countries experienced increases: Luxembourg (+3.3 percentage points), Spain (+2.5 percentage points), and Germany (+2.0 percentage points) saw a rise in payment delays, reflecting underlying economic pressures that continue to challenge financial stability.

Economic Insecurity and the Unprepared for Emergencies

Another critical indicator explored by Eurostat is the prevalence of economic insecurity—the proportion of the population unable to handle unexpected financial expenses. In 2024, 30% of the EU population reported being unable to cover unforeseen costs, a modest improvement of 1.2 percentage points from 2023 and a significant 7.4 percentage point drop compared to a decade ago. In Cyprus, while 34.8% still report difficulty handling emergencies, this marks a drastic improvement from 2015, when the figure stood at 60.5%.

A Broader EU Perspective

Importantly, no EU country in 2024 had more than half of its population facing economic insecurity—a notable improvement from 2015, when over 50% of the population in nine countries reported such challenges. These figures underscore both progress and persistent vulnerabilities within European households, urging policymakers to consider targeted measures for enhancing financial resilience.

For further insights and detailed analysis, refer to the original reports on Philenews and Housing Loans.

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