Climate change poses an enormous challenge to development. By 2050, the world will have to feed 9 billion people, extend housing and services to 2 billion new urban residents, and provide universal access to affordable energy, and do so while bringing down global greenhouse gas emissions to a level that make a sustainable future possible. At the same time, floods, droughts, sea-level rise, threats to water and food security and the frequency of natural disasters will intensify, threatening to push 100 million more people into poverty in the next 15 years alone.
. On the one hand, such as higher temperatures, increased precipitations, and flooding. At the same time, , and is one of the sectors where emissions are rising the fastest. This statistic alone makes it pretty clear that t .
Since the Paris Agreement was adopted at COP21 in December 2015, the world has seen increased ambition on climate change. Almost every country in the world has now set national climate targets, and the Agreement has gone into force much earlier than expected. However, global climate action is still not happening at the scale or speed needed to meet the Paris goal of keeping global temperature rise to below 2 degrees Celsius.
The World Bank Group has been moving quickly over the past year to build on the momentum and lay the groundwork for greater ambition, helping countries reduce emissions and increase resilience to climate shocks through action in high-impact areas, such as clean energy, climate-smart agriculture, disaster preparedness, and natural resource management
As COP22 starts in Morocco, the Bank Group is aligning its efforts around key focus areas, committing billions to help countries meet their climate goals while leading on critical global issues such as green financing and carbon pricing
WASHINGTON, June 30, 2016 – The World Bank Group is moving to help India deliver on its unprecedented plans to scale up solar energy, from installing solar panels on rooftops to setting up massive solar parks. This will catapult India to the forefront of the global effort to bring electricity to all, mitigate the effects of climate change, and set the country on a path to become the ‘India of the future’.
“The world must turn to (the) sun to power our future,” India’s Prime Minister Narendra Modi said at the historic COP21 climate conference in Paris last year. “As the developing world lifts billions of people into prosperity, our hope for a sustainable planet rests on a bold, global initiative.”
In the global effort to minimize the effects of climate change by drastically reducing greenhouse gas emissions, buildings can play a vital role.
They account for 18 percent of total emissions today, and are responsible for 60 percent of the world’s electricity usage, 25 percent of water usage and 40 percent of materials.
Those figures are certain to rise. By 2050, two billion more people will live in cities, a 50 percent increase from today.
WASHINGTON, May 11, 2016—Climate change presents prodigious challenges to developing countries but also tremendous opportunities. A key part of the World Bank Group’s approach to the global climate change agenda lies in helping these countries cope with the challenges while exploiting the opportunities.
Climate-Driven Water Scarcity Could Hit Economic Growth by Up to 6 Percent in Some Regions, Says World Bank
WASHINGTON, May, 3 2016 – Water scarcity, exacerbated by climate change, could cost some regions up to 6 percent of their GDP, spur migration, and spark conflict, according to a new World Bank report released today.*
High and Dry: Climate Change, Water and the Economy, says the combined effects of growing populations, rising incomes, and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain.