Shock Waves: Managing the Impacts of Climate Change on Poverty

Shock Waves: Managing the Impacts of Climate Change on Poverty
ISBN-10
1464806748
ISBN-13
9781464806742
Series
Shock Waves
Category
Business & Economics
Pages
224
Language
English
Published
2015-11-23
Publisher
World Bank Publications
Authors
Stephane Hallegatte, Mook Bangalore, Laura Bonzanigo

Description

Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

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