It tells us that everything we’ve done so far is an ineffective approach, and therefore not really a big deal and to do anything useful we need a radical rethink. I think I envy your faith that scaling up our best approaches yet can resolve our predicament, though I’m not quite sure.
Not to mention an emissions decline means we’re still making things worse, but not quite so quickly.
Obviously the path to making things better would have to pass through here, but just as people thinking electric cars are a solution rather than more of the problem, the delusion that this is winning is also part of the problem.