Cli­mate change a ‘fun­da­men­tal threat’ to devel­op­ment: World Bank

The China Post - - INTERNATIONAL -

Global gov­ern­ments must dig deep to com­bat cli­mate change, the World Bank chief said Thurs­day, de­scrib­ing it as a “fun­da­men­tal threat” to devel­op­ment.

Jim Yong Kim warned that gov­ern­ments “must act now” to limit global warm­ing and fi­nance poli­cies that fa­vor sus­tain­able devel­op­ment, oth­er­wise the im­pact would be “dev­as­tat­ing.”

“Cli­mate change is a fun­da­men­tal threat to devel­op­ment in our life­time,” Kim said in a video ad­dress to an en­vi­ron­ment con­fer­ence in Hong Kong hosted by the Pots­dam In­sti­tute for Cli­mate Im­pact Re­search — the first time the meet­ing has been held in Asia.

“This is the year when the in- ter­na­tional com­mu­nity can and must find ways to fi­nance cli­mate change in­ter­ven­tions and devel­op­ment,” he said.

Kim warned of risks in Asia and the vul­ner­a­bil­ity of mega cities, which are preva­lent in the re­gion.

“Sea-level rise of 15 cen­time­ters ( six inches) cou­pled with more in­tense cy­clones threat­ens to in­un­date much of Bangkok by the 2030s,” he said, re­it­er­at­ing re­search by the Pots­dam In­sti­tute.

Kim added that the World Bank was work­ing with China, which has over­taken the U.S. as the great­est green­house emit­ter, and other gov­ern­ments in de­vel­op­ing coun­tries to pro­mote sus­tain­able growth.

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