Climate change can force 100 million people to poverty worldwide by 2030 – World Bank study

  • Climate change will push up to 100 million people to poverty by 2030 says the World Bank
  • Its latest report shows the impact of climate change to agriculture, health, and labor
  • The report calls for increased safety nets while taking drastic steps to combat climate change

A recent World Bank report estimates that up to 100 million people all over the world can be pushed into poverty due to the effects of climate change if action won’t be taken to combat its effects.

According to the study titled Shock Waves: Managing the Impacts of Climate Change on Poverty, the poor remain to be the most vulnerable as they are the ones most impacted by the effects of climate change-related shocks such as crop failures due to lower rainfall and longer dry spells, sudden increases in food prices following a natural disaster, and the spike in the cases of certain diseases following weather phenomena such as heat waves and floods.

“They have fewer resources and receive less support from family, community, the financial system, and even social safety nets to prevent, cope and adapt,” the report noted.

Communities in Africa and South Asia are expected to be hit hardest, wherein any gains of the past decades could be reversed due to climate-related factors.

In particular, the effects on agriculture sector shall be the primary  drivers of the increased poverty as global crop yield is expected to decline by as much as five percent in 2030 and even up to 30 percent by 2080.

In addition to problems with the food supply, effects on health brought about by increased incidences in malaria, diarrhea and stunting, as well as effects on labor productivity due to the warming temperatures were deemed as major drivers to watch out for.

As the world prepares for the United Nations climate conference in Paris, the report calls for development efforts that would factor in the effects of climate change while at the same time increasing social safety nets for the poor and building more resilient communities.

“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. 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.