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This year will likely be the hottest on record for the planet, with global temperatures 1.03 degrees Fahrenheit higher than the 1961-to-1990 average, according to a new report from the World Meteorological Organization.

This would make 2014 the 38th consecutive year with an anomalously high annual global temperature.

The estimate comes from the WMO's annual compendium on the "Status of the Global Climate." This year's report was released during the U.N. climate talks in Lima, Peru, where diplomats are negotiating a new global climate deal to be signed in Paris next year.

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