November 14, 2015

100 Million More People Will Be In Poverty By 2030 Without Action On Climate, World Bank Says

If countries fail to sustain policies that combat the impacts of climate change while also providing safety nets for the world’s poor, global warming will drive an additional 100 million people into poverty by 2030, a new World Bank report finds.

The report, titled "Shock Waves: Managing the Impacts of Climate Change on Poverty," argues that climate change is a “significant obstacle” to the eradication of poverty. Poor people are more likely to be impacted by climate-related “shocks” such as flooding, drought, crop failure, spikes in food prices, waterborne disease and the long list of extreme weather patterns that scientists have said will increase due to climate change.

“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,” said World Bank Group President Jim Yong Kim.

The World Bank projected last month that the number of people in poverty is expected to drop this year to 702 million, or 9.6 percent of the world's population. That’s down from the 902 million people, or 12.8 percent of the population, who were living in poverty in 2012. The expected decline brings the world "closer to the historic goal of ending poverty by 2030," the World Bank said at the time. For the full article by Laura Barron-Lopez, click here.

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