Bill Hare, CEO of Climate Analytics and a lead author of the report, added: “Assessing the entire chain of climate impacts—for example, how heat waves trigger crop yield declines and how those trigger health impacts—is key to understanding the risks that climate change poses to development.”

Among the significant findings, Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, explained, is that the greenhouse gas emissions already released into the atmosphere mean that “for next twenty years, the die has been cast.” Because of this, “the investment in resilience and adaptation are fundamental,” she stated.

Kim added: “We cannot continue down the current path of unchecked, growing emissions.” Aggressive mitigation is needed immediately, Kyte stated, to be able to leave the next generation an inhabitable planet.

Outlining some of the steps needed to address the crisis, Kim stated: “World leaders and policy makers should embrace affordable solutions like carbon pricing and policy choices that shift investment to clean public transport, cleaner energy and more energy efficient factories, buildings and appliances.”

Author Naomi Klein and others have argued that further economic growth is incompatible with addressing climate change. Yet the report’s assessment echoes the sentiment of President Obama and other world leaders, with Kim stating: “Action on climate change does not have to come at the expense of economic growth.”

“Our response to the challenge of climate change will define the legacy of our generation,” he continued. “The stakes have never been higher.”

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