Date
25 September 2017
Global emissions are rising at about 2.5 percent a year, according to a new World Bank report on climate change. Photo: Bloomberg
Global emissions are rising at about 2.5 percent a year, according to a new World Bank report on climate change. Photo: Bloomberg

Global warming risks rising despite Sino-US deal: World Bank

The US-China accord to cut carbon emissions will not slow global warming enough to prevent extreme weather that damages crops, World Bank Group President Jim Yong Kim said.

The agreement won’t prevent global temperatures from rising by 2 degrees Celsius, Bloomberg News quoted Kim as saying.

“There’s a lot more optimism now than there was before the agreement, but there’s still a tremendous amount of work to do,” the official said in a conference call, according to the report.

In a deal announced on Nov. 12 in Beijing, President Barack Obama vowed to cut US emissions more quickly while China pledged for the first time to cap its emissions.

Global emissions are growing about 2.5 percent a year, a pace that will probably cause the 2 degree threshold to be breached within 30 years, according to a new World Bank report on climate change.

That would lead to lower crop yields, an increase in extreme heatwaves and a spike in tropical storms from rising sea levels, the Bank said.

The world’s poor will be hit hardest by the changes, which may trigger major migration shifts as people flee arid regions, the report warned.

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