Thursday, June 21, 2018

Millions will be hit by poverty due to climate change

Millions will be hit by poverty due to climate change - economist

Cape Town - An estimated 20 million people will be pushed into poverty because of climate change in 2030, which may possibly rocket to more than 100 million people if speedy social developments are not conducted, an economist said on Wednesday.

“We estimated that 20 million people will be pushed into poverty because of climate change in 2030, and 20 million is a big number, more especially when you are one of that 20 million people, but still small compared with the global population," lead economist at the World Bank, Stephane Hallegatte said.

"If we don't do this big push, then numbers balloon for like more than 100 million people," Hallegatte, who also has many years experience of academic research in environmental economics and climate science said speaking at the Adaptation Futures 2018 -- the world’s leading conference on climate change adaptation held at the Cape Town International Convention Centre (CTICC) said. Read More