Climate-Smart' development can keep 100 million people out of poverty

Without inclusive and climate-smart development, alongside efforts to rein in greenhouse gas emissions that protect the poor, agricultural shocks, natural disasters and the spread of diseases could push more than 100 million additional people into poverty by 2030, the World Bank warns in a new report released just weeks ahead of a major United Nations climate conference in Paris.

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 sends a clear message that ending poverty will not be possible unless we take strong action to reduce the threat of climate change on poor people and dramatically reduce harmful emissions,” World Bank Group President Jim Yong Kim said today in a press release.

To read more, please click here.

Source & Copyright: UN News Centre