‘Entire Economies Could Be Held Hostage by Climate Change’

World Bank Group | The Development Podcast

Aug 30 2021 • 28 mins

On this edition of the Development Podcast from the World Bank Group, Raka Banerjee and Paul Blake examine one of the biggest challenges facing the global community today: Climate Change. “If we don’t tackle climate change, over 130 million people will be pushed into poverty over the next 10 years and entire economies will be held hostage to the worst impacts,” says World Bank Manager for Advisory and Operations in the Climate Group, Genevieve Connors. First up, Raka reviews what we know about climate change and what’s at stake. We then speak to Carolina Schmidt, Chile’s Minister of the Environment, about the threats her country is facing and what her government is doing to address them. Finally, we speak to Gen Connors about the World Bank Group’s new agenda on addressing climate adaptation and mitigation over the next decade.