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January 2025 Breaks Records As the Warmest On Record, Despite La Niña Transition

The year 2025 has started with a record-breaking January, marking the warmest January on record, continuing the trend of extreme global temperatures despite the shift to the cooler La Niña weather pattern.

Key Facts

  • January 2025 continued the pattern of unusually high global temperatures, with the average temperature being over 1.5°C higher than pre-industrial levels in 18 of the last 19 months, according to the EU’s Copernicus Climate Change Service (C3S).
  • The global temperature for January was 1.75°C higher than pre-industrial levels.
  • This warm streak continues even as the world shifts from the previous warming El Niño phase, which contributed to making 2024 the hottest year on record, to the cooling La Niña phase. La Niña is characterized by the cooling of equatorial Pacific waters, typically limiting the global temperature rise.

Important Quote

“The fact that we are still seeing record temperatures outside the influence of El Niño is a bit surprising,” said Samantha Burgess, strategy manager at the European Centre for Medium-Range Weather Forecasts.

Key Story

El Niño peaked more than a year ago, and Copernicus estimates that La Niña has not yet fully developed, placing the world in a neutral state between the two phases.

Despite La Niña’s cooling effect, Burgess notes that it might not be enough to temporarily curb global temperatures. Other factors contributing to the heat include extreme temperatures in other ocean basins and, most importantly, the ongoing greenhouse gas emissions, which are the primary driver of global warming.

“The biggest factor contributing to climate warming is the burning of fossil fuels,” says Burgess.

Scientists from Berkeley Earth have projected that 2025 is likely to be the third warmest year on record, following 2024 and 2023. Although La Niña may cause some cooling, uncertainty remains about how it will develop.

Globally, average sea surface temperatures for January 2025 were the second highest ever recorded for the month, only slightly surpassed by January 2024.

Eurobank Plans €1 Billion Investment In AI And Digital Banking By 2028

Eurobank plans to invest about €1 billion in technology from 2025 through 2028, its largest technology investment program to date. The Banking Forward strategy focuses on digital banking, artificial intelligence, customer experience and a “phygital” model combining digital services with face-to-face support.

Digital Banking Dominates Customer Activity

Digital channels already account for 96% of Eurobank transactions, with 61% completed through the Eurobank Mobile App. Among customers aged 35 and under, digital adoption reaches 94%.

Customers make about 574 million annual logins across e/m-banking and more than 1 million digital transactions each day. During the first half of 2026, one in three banking products was acquired digitally.

AI Moves Into Everyday Banking

Eurobank is expanding the use of AI through tools including EVA, its digital customer assistant, and myEVA, an AI-powered voice assistant for employees. The technology is also being applied to mortgage assessments, customer feedback analysis and contractual documents.

The bank’s technology architecture is built around five areas: digital channels, customer experience orchestration, data and AI, core banking, and infrastructure and cloud. About 50% of its applications and digital channels are already cloud-based.

Investment Extends Beyond Technology

The program is intended to reshape how Eurobank operates, combining automation and AI with employee development and human support. The bank says the approach is designed to improve services while maintaining access to face-to-face banking when customers need it.

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