World Bank President Jim Yong Kim said, in a statement, “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”.
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The report found for the first nine months of 2015 average global temperatures had risen to one degree above pre-industrial temperatures – halfway to the two-degree threshold that is considered to be the critical turning point.
This year is well on course to be the hottest on record by a clear margin as one of the biggest El Nino events in the Pacific builds on the background warming from climate change.
“As the world continues to warm in the coming decades, however, we will see more and more years passing the 1 degree marker – eventually it will become the norm”.
Limiting global warming to 2 degrees Celsius would cut exposure by more than half in the United States, China and India, the world’s top three carbon emitters, as well as in many other nations, Climate Central said.
According to the Hong Kong Observatory, the annual mean sea level in Hong Kong and its adjacent waters in year 2081 to 2100 is expected to rise by 0.63 to 1.07 meters under a scenario of high greenhouse gas concentration.
A separate study released late Sunday said there could be “more than 100 million additional people in poverty by 2030” if action was not taken to stem climate change.
Rising temperatures as a result of Global Warming leads to increases in sea level and the melting of ice caps.
The previous Harper government announced in May that Canada’s national contribution for the Paris conference would be a 30 per cent reduction in greenhouse gas emissions from 2005 levels by the year 2030.
The report, “Shock Waves: Managing the Impacts of Climate Change on Poverty”, sounded an alarm for the need for tough action at the COP-21 Paris global summit on climate change.
Dr Lomborg said Christiana Figueres, the executive secretary of the UN Framework Convention on Climate Change, is making a “phenomenally misleading” claim which the deal next month can not rectify – but will needlessly cost countries hundreds of billions of pounds.
The planet continues to set global temperature records and not in a good way.
They also want assurances of finance to make the shift from cheap and abundant fossil fuel to greener energy sources, and to shore up defenses against climate change-induced superstorms, drought, flood and sea-level rise.
Post-2020 financing for mitigation of climate change was fundamental to the success of Paris summit, he said.
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Fabius said senior officials from 70 countries gathered in Paris agreed on the principle of a mechanism to reassess the countries’ emission pledges every five years in order to improve them.
