As many as 100 million people could slide into extreme poverty because of rising temperatures, which are caused by greenhouse gas emissions, the World Bank report said. The bank’s most recent estimate puts the number of people living in extreme poverty this year at 702 million, or 9.6% of the world’s population.

The report “Shock Waves: Managing the Impacts of Climate Change on Poverty”  shows that climate change is an acute threat to poorer people across the world, with the power to push more than 100 million people back into poverty over the next fifteen years.   It also reports that the poorest regions of the world such as the Sub-Saharan Africa and South Asia will be hardest hit and could push more than 100 million people into extreme poverty by 2030 by disrupting agriculture and fueling the spread of malaria and other diseases.

Despite pledges to rein in emissions of carbon dioxide and other global warming gases, climate change isn’t likely to stop anytime soon. Carbon emissions are expected to rise for many years as China, India and other developing countries expand the use of fossil fuels to power their economies.

The report points a way out by stressing that the world needs to take targeting action to help people cope with climate shocks, issue warning systems and flood protection and introduce heat-resistant crops.  

This year, a series of high-profile meetings took place, creating a sense of gathering cooperation around the battle against global warming. A vital step was the adoption of the global goals, which set a 2030 deadline for the eradication of poverty in all its forms and sought to galvanise action to combat climate change and its impacts at the UN general assembly in September.