Climate change “is one of the single biggest challenges to social justice today,” say World Bank President Jim Yong Kim.
The bank tied the future wealth of the planet to immediate efforts to cut emissions from sources such as energy production.
The bank says 4 degrees’ warming would have devastating effects across the globe, and the poor would be most vulnerable.
”It is likely that the poor will suffer most and the global community could become more fractured and unequal than today.”
“The time is very, very short. The world has to tackle the problem of climate change more aggressively,” World Bank President Jim Yong Kim said on Sunday as he launched a report conducted for the global lender.
“We will never end poverty if we don’t tackle climate change. It is one of the single biggest challenges to social justice today.”
“Lack of ambitious action on climate change threatens to put prosperity out of reach of millions and roll back decades of development.”
The planet has charted a number of record-breaking temperatures over the past decade and experienced frequent disasters some experts blame on climate change, most recently superstorm Sandy, which ravaged Haiti and the US East Coast.
The report, titled Turn Down the Heat, says if the world experiences four degrees of warming it would:
* See a 150 per cent increase in ocean acidity, leading to the extinction of some sensitive coral reef ecosystems.
* Result in sea-level rise of 0.5 to 1 metres by 2100, with more in following centuries, which could inundate coastal areas with the most vulnerable cities found in Bangladesh, India, Indonesia, Madagascar, Mexico, Mozambique, the Philippines, Venezuela and Vietnam.
* Lead to more extreme heatwaves, reduced run-off into major rivers and a significant decline in biodiversity, all risking the support systems of humans.
“A 4°C world is likely to be one in which communities, cities and countries would experience severe disruptions, damage, and dislocation, with many of these risks spread unequally,” the report says.
“Lack of action on climate change threatens to make the world our children inherit a completely different world than we are living in today. Climate change is one of the single biggest challenges facing development, and we need to assume the moral responsibility to take action on behalf of future generations, especially the poorest.”
The study found that the most alarming impact may be on food production, with the world already expected to struggle to meet demand for a growing and increasingly wealthy population that is eating more meat.
Identifying one area, Kim called for less reliance on coal, which is the dirtiest major form of energy.
Kim said that the World Bank was determined to support renewable energy in its lending, saying: “We do everything we can not to invest in coal – everything we possibly can.”
The World Bank is the second major international body this month to raise concerns about the rate of greenhouse gas emissions being released into the atmosphere.
The warnings come as more than 190 nations in the UN Framework Convention on Climate Change meet in Doha, Qatar next week for the next major round of international climate change negotiations.
Kim, a physician and former president of Dartmouth College who was tapped for the World Bank by US President Barack Obama, said that 97 per cent of scientists agreed that human activity was causing climate change.
What a total, unadulterated grab for power!
This at a time when temperatures are going down.
This at a time when sea levels are going down!
This at a time when sea ice extent in Antarctica is the highest on record!
Thanks to Kenneth Morgan, John McC, Stephen Bird and Wanda for this link
“What a joke,” says Kenneth.
“No, I’m afraid that it’s not a joke,” says Robert. “It’s a continuation of the destruction of one of the most productive civilizations to have ever existed. I fear the world that my grandchildren will inherit.”