Poverty to Rise Without Climate Action – World Bank

Climate Change Could Push 100 Million Into Poverty by 2030

Poverty levels will drastically increase across the world if governments fail to take action against climate change, pilule ask according to a new World Bank Group report.

The report says Climate change is already preventing people from escaping poverty, viagra approved and without rapid, inclusive and climate-smart development, together with emissions-reductions efforts that protect the poor, there could be more than 100 million additional people in poverty by 2030.

The report, “Shock Waves: Managing the Impacts of Climate Change on Poverty”, finds that poor people are already at high risk from climate-related shocks, including crop failures from reduced rainfall, spikes in food prices after extreme weather events, and increased incidence of diseases after heat waves and floods.

It says such shocks could wipe out hard-won gains, leading to irreversible losses, driving people back into poverty, particularly in Africa and South Asia.

“This report says that ending poverty will not be possible unless strong action is taken to reduce the threat of climate change on poor people and dramatically reduce harmful emissions,” said World Bank Group President Jim Yong Kim. 

“Climate change hits the poorest the hardest, and our challenge now is to protect tens of millions of people from falling into extreme poverty because of a changing climate,” he added.

The report finds that the poorest people are more exposed than the average population to climate-related shocks such as floods, droughts, and heat waves, and they lose much more of their wealth when they are hit.

According to World Bank, in the 52 countries where data was available, 85 percent of the population live in countries where poor people are more exposed to drought than the average.

The report, released a month before negotiators gather in Paris for international climate talks, shows how ending poverty and fighting climate change can be more effectively achieved if addressed together.

Agriculture will be the main driver of any increase in poverty, the report finds.

In focusing on impacts through agriculture, natural disasters and health, the report calls for development efforts that improve the resilience of poor people, such as strengthening social safety nets and universal health coverage, along with climate-specific measures to help cope with a changing climate, such as upgraded flood defenses, early warning systems and climate-resistant crops.

The report further says an all-out push to reduce greenhouse gas emissions is needed to remove the long-term threat that climate change poses for poverty reduction.

In poor countries, support from the international community will be essential to accomplish many of these measures, according to the report.

This is particularly true for investments with high upfront costs– such as urban transport or resilient energy infrastructure — that are critical to prevent lock-ins into carbon-intensive patterns.

Stephane Hallegatte, a senior economist at the World Bank who led the team that prepared the report said, “We have a window of opportunity to achieve our poverty objectives in the face of climate change, provided we make wise policy choices now.”


Most Popular

Header advertisement
To Top