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Sustainability

Climate change with Jim Yong Kim, president World Bank Group

Our CEO Jim Smith welcomed World Bank Group President Jim Yong Kim
at a Thomson Reuters Newsmaker in London on June 19 to share critical issues posed by climate change. The challenges and business case for going green were covered in a new report from the World Bank, Turn Down The Heat: Climate Extremes, Regional Impacts and the Case for Resilience, launched on June 19.

Jim Yong Kim revealed that a 2 degrees Celsius (3.6 Fahrenheit) rise in temperature, which could be reached in the next 20 – 30 years time based on the current climate trajectory, could have severe implications, particularly for Sub-Saharan Africa, South Asia and South East Asia. According to scientists, ramifications may include:

  • Extreme weather such as heat waves, cyclones and severe storms
  • Rising sea-levels and flooding
  • Widespread food shortages from threats to agricultural production
  • A rise in slum developments and disease
  • Threats to economic growth
Jim Yong Kim, president World Bank Group

“The conclusions in this report should make all of us lose sleep over what our world will look like in our lifetime,” he said.

 

The World Bank has taken a more aggressive stance to tackle climate change by helping to mobilize investment pipelines to support climate resilient infrastructure, clean energy and low-carbon solutions.

When questioned by the moderator, Reuters President and Editor-in-Chief Steve Adler, about global warming skepticism, Dr. Kim said there was 97 – 98 percent agreement among the scientific community that global warming was real and humans were responsible for it. “Its time to stop arguing about whether it’s real or not,” he said.


Video highlights


Icebergs are reflected in the calm waters at the mouth of the Jakobshavn ice fjord near Ilulissat in this photo taken May 15, 2007.

Water, “the teeth” of climate change

Growing pressure over water remains the most worrying symptom of climate change, argues the World Bank President, while a projected 2°C rise in temperature by 2030 could submerge Bangkok.

Watch the clip on Reuters Insider


Man looks at skyscrapers amid smog in Shanghai, ChinaChina leaping forward on carbon footprint

China has set very aggressive goals to cut its carbon footprint as well as short-lived climate pollutants, says World Bank President Jim Yong Kim.

Watch the clip on Reuters Insider


U.S. President Barack Obama shakes hands with Chinese President Xi Jinping during their meeting at the start of the climate summit in Paris November 30, 2015.Global climate deal a must despite Copenhagen trauma

A pledge by President Obama and Xi to fight climate change is a good first step but it’s still imperative to broker a global deal, argues World Bank President Jim Yong Kim.

Watch the clip on Reuters Insider


Map of BRIC nations: Brazil, Russia, India and ChinaBRICs will suffer from quantitative easing rollback

As quantitative easing slows, developing countries will struggle to access capital, warns World Bank President Jim Yong Kim at the Newsmaker event in London.

Watch the clip on Reuters Insider


Learn more

Want more Newsmaker interviews? You can find past video interviews with world leaders on supranational issues at reuters.com/newsmaker and follow ReutersLive for real-time updates.

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