Wednesday, December 09, 2015

Climate Change and Indian Poverty

Climate change could effectively negate India’s economic progress, pushing 45 million Indians into extreme poverty over the next 15 years, according to a World Bank report published last month. In the absence of climate change, the World Bank report sees 189 million Indians living in poverty (i.e. on less than $1.9 or Rs 127 a day) by 2030. Climate change could push that number to as high as 234 million.

There were 263 million Indians living in poverty in 2011, according to recent World Bank estimates using a revised $1.9-a-day poverty line. The situation where 45 million become poor because of climate change is just one of the scenarios described in the World Bank report ‘Shock waves: Managing the impacts of climate change on poverty’.

“We published this report…to remind everybody…that the climate change challenge is not only about the environment and the climate,” said Julie Rozenberg, co-author and World Bank economist. “It is also about the future of poor and vulnerable people and our ability to eradicate poverty. And for countries like India, failing to reduce global emissions of greenhouse gases could threaten prosperity and the future of millions of people.”

For more information on the socialist solution
World Socialism Party (India)

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