Climate Change and Poverty
Socioeconomic Costs of Natural Disasters
The Intergovernmental Panel on Climate Change estimates an increase of 1.4 to 5.8 degrees centigrade in surface temperature over the current century, a rise that is without precedent in the last 10,000 years. Changes in this range will affect the intensity and frequency of extreme weather events, including floods, droughts, heat waves, and storms. Hence, disaster risk reduction and climate change adaptation are intimately linked. This chapter discusses the worrying trends in natural disasters, their impacts on development and poverty, and the role of the World Bank in disaster risk reduction.The mission of the World Bank is to fight poverty….