"A new report from the World Bank, 'Turn Down the Heat' warns that already global warming of around 1.5°C above pre-industrial times is locked into the Earth's atmospheric system. Unless we act now to reduce emissions, warming of probably 4 degrees will occur within our century, and everyone will feel the impact, particularly the poor."
Coinciding with World Environment Day, the World Bank Group is announcing a new strategy to make sure development doesn't come at the expense of environment.
"With careful design, the same development projects that improve communities, save lives, and increase GDP can also fight climate change.
A new study examines the multiple benefits for a series of policy scenarios addressing transportation and energy efficiency in buildings and industry in five countries and the European Union. It provides concrete data to help policymakers understand the broader potential of climate-smart development investments."