World Bank fears devastating 4.0 degree warming

November 19, 2012 08:10

The World Bank has warned that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.

Issuing a call for action, the World Bank tied the future wealth of the planet -- and especially developing regions -- to immediate efforts to cut greenhouse gas emissions from sources such as energy production.

"The time is very, very short. The world has to tackle the problem of climate change more aggressively," World Bank President Jim Yong Kim said yesterday on a conference call as he launched a report conducted for the global lender.

"We will never end poverty if we don't tackle climate change. It is one of the single biggest challenges to social justice today."

The study said the planet could warm 4.0 degrees Celsius (7.2 Fahrenheit) above pre-industrial levels as early as the 2060s if governments' promises to fight climate change are not met.

« Back to LIVE

TOP STORIES

Crude realisation: Oil's slick grip threatens corporate margins, profits

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power...

Phase 1: 40% turnout till 1 pm; stray violence reported in Bengal

Minor EVM glitches were reported at some booths in Tamil Nadu, Arunachal Pradesh, Andaman and Nicobar Islands and Assam.

Anything can happen to Kejriwal in jail: AAP

Aam Aadmi Party Rajya Sabha MP Sanjay Singh Friday reiterated his party's allegation that a deep conspiracy is being hatched against Delhi Chief Minister Arvind Kejriwal and anything can happen with him in prison.

No damage to Iran's nuclear sites amid Israel attack: IAEA

In a statement released on Friday, the United Nations Atomic Watchdog said it is monitoring the situation very closely.

Polling officials trek 18 km through dense forest for elderly tribal's vote

In the tribal village of Edamalakkudy, nestled deep within this hill district's lush forests, lives 92-year-old Sivalingam. Despite his age and being bedridden, Sivalingam's determination to vote remains strong.