The World Bank has warned that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.
Issuing a call for action, the bank tied the future wealth of the planet - and especially developing regions - to immediate efforts to cut greenhouse gas emissions from sources such as energy production.
World Bank President, Jim Yong Kim, points out that, "The time is very, very short. The world has to tackle the problem of climate change more aggressively."
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