World Bank head calls for movement on climate, warning that inaction will result in “battles for food”

World Bank President Jim Yong Kim. Creative Commons: World Bank, 2012

World Bank President Jim Yong Kim. Creative Commons: World Bank, 2012

Two of the world’s largest development banks will be holding their annual meetings in Washington, DC this week.

Central bankers, government officials, finance ministers, and journalists will gather in the American capital Friday for the IMF/World Bank spring meetings. Participants will discuss Ukrainian finance needs, China’s non-banking credit bubble, and global growth rates.

Climate change, too, may be on the agenda. In recent months, World Bank President Jim Yong Kim has been vocal on how a changing climate could spell disaster for poverty-reduction programs.

At the World Economic Forum in January, Kim explicitly called for governments to put a price on carbon:

First things first:  Many have called for a price on carbon.  Now, we must act.  Governments must put a price on pollution.  Putting a price on carbon through either taxes or market-based instruments are key.

He also urged investors to manage carbon-related risk by reducing investments in fossil fuel companies—or by divesting from them completely.

In the lead up to this week’s meetings, Kim is back in the news for his comments about the impacts of climate change. These remarks echo the latest report from the UN-sponsored Intergovernmental Panel on Climate Change (IPCC), which warns that climate impacts are already being felt around the world and will only continue to get worse.

According to Kim, battles over water and food will erupt within the next five to 10 years as a result of climate change. He urged those campaigning against global warming to learn the lessons of how protesters and scientists joined forces in the battle against HIV.

He said it was possible to cap the rise in global temperatures at 2C but that so far there had been a failure to replicate the “unbelievable” success of the 15-year-long coalition of activists and scientists to develop a treatment for HIV.

The bank’s president—a doctor active in the campaign to develop drugs to treat HIV—said he had asked the climate change community: “Do we have a plan that’s as good as the plan we had for HIV?” The answer, unfortunately, was no.

Is there enough basic science research going into renewable energy? Not even close. Are there ways of taking discoveries made in universities and quickly moving them into industry? No. Are there ways of testing those innovations? Are there people thinking about scaling [up] those innovations?

Read more: the Guardian>>

One thought on “World Bank head calls for movement on climate, warning that inaction will result in “battles for food””

  1. Notice how there are fewer and fewer pro global warming folks posting comments to these articles. You see you can’t teach a vegetable to read or write just like you can’t teach a denier about science. It’s best to just let these fools post their ignorant comments unabated. While they’re distracted at their keyboards the rest of us must prepare.

    Why waste the time or the resources. Let them all perish in the coming wildfires, floods, ice/snow storms, tornadoes, epidemics, hurricanes etc. Many deniers have already died because they failed to heed the warnings that science has provided regarding the effects of climate change and have taken their mantras to their graves.

    In order for us believers to survive, many more deniers will have to perish. As educated believers, we must prepare for adaptation. There will only be so much food, water and fuel, so millions if not billions of deniers, will have to be sacrificed. The needs of the believers outweigh the needs of the deniers. It’s nature’s way.Survival of the smartest.

    They’ve been warned, so say no more. Prepare for a brave new world. We will pave over their corpses with a new more sustainable planet. Hopefully this time around, man will be smarter and will resist the temptation to dig their remains up for use as dirty, carbon based fuel.