PolymarketTechOpenUpdated 17m ago
Where will 2026 rank among the hottest years on record?
6 markets · 5mo
AI overview· Updated 6d ago
The market assigns a 56% probability that 2026 will be the second-hottest year on record, with negligible chances for any other rank, reflecting a strong consensus that the year will be extremely hot but not a new record-shattering event.
What's driving it
- • The 56% Yes on Rank 2, contrasted with 64% No on Rank 1, implies that year-to-date temperature anomalies position 2026 clearly below the record year (likely 2024) but above all other years.
- • The 98% No on Rank 3 and 100% No on Ranks 4,5,6 indicate the margin for error is very small; the market sees no plausible scenario where 2026 falls outside the top 2.
- • The implied certainty across all ranks suggests recent temperature data (through early 2026) has been consistent with a near-record but not record-breaking path.
The bullish case
- • Global temperatures through mid-2026 have been consistently elevated due to lingering El Niño effects and long-term warming trends, keeping 2026 among the top two years.
- • Even if the second half of 2026 slightly cools, the accumulated anomaly from the first half is likely sufficient to secure second place, as seen in past La Niña transition years.
The bearish case
- • For 2026 to rank 1st, a rapid surge in temperatures in the second half would be needed, which has low probability given the 64% No on Rank 1.
- • For 2026 to slip to 3rd or lower, a dramatic cooling event such as a large volcanic eruption or a strong La Niña would be required, which the market assigns near-zero probability (98-100% No on lower ranks).
What to watch
- • Release of mid-year global temperature anomaly data from NOAA or NASA around August 2026, which could solidify or shift the ranking estimate.
- • Publication of the final 2026 global temperature average by the World Meteorological Organization in early 2027, which will be the official determination.
- • El Niño/La Niña updates from NOAA's Climate Prediction Center, as the phase can affect the latter half of the year's temperatures.
AI-generated · grounded in recent news + odds · informational only, not advice. Verify on the source platform.
Markets in this event
Polymarket
Open
Will 2026 be the hottest year on record? — 1
Yes42¢
No59¢
Yes ≈ 42% chance
$542K Vol 1pts5mo
Polymarket
Open
Will 2026 be the second-hottest year on record?
Yes55¢
No45¢
Yes ≈ 55% chance
$375K Vol 1pts5mo
Polymarket
Open
Will 2026 be the third-hottest year on record? — 3
Yes2¢
No98¢
Yes ≈ 2% chance
$484K Vol5mo
Polymarket
Open
Will 2026 be the fourth-hottest year on record? — 4
Yes1¢
No100¢
Yes ≈ 1% chance
$499K Vol5mo
Polymarket
Open
Will 2026 be the fifth-hottest year on record? — 5
Yes0¢
No100¢
Yes ≈ 0% chance
$794K Vol5mo
Polymarket
Open
Will 2026 rank as the sixth-hottest year on record or lower? — 6 or lower
Yes0¢
No100¢
Yes ≈ 0% chance
$513K Vol5mo
Data from Polymarket’s public API, for informational purposes only. PredictPal is not affiliated with any platform and does not facilitate trading.
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