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Developing countries will face majority of damage from climate change

Sameer Vasta's picture

October 4 2009 - World Bank/IMF Annual Meetings. Istanbulm Turkey. Press Briefing World Development Report (WDR). Justin Lin World Bank Chief Economist & Senior VP Development Economics, H.E. Hakon Gulbrandsen, Norwegian State Secretary for International Development; Marianne Fay WDR Co-Director.

This year's World Bank World Development Report focuses on climate change and its effects on international development. The report emphasizes that developing countries are the most vulnerable to the negative impacts of climate change, and that a “climate-smart” world is possible if we act now, act together, and act differently.

Yesterday at the Annual Meetings in Istanbul, climate change experts addressed some of the issues from the World Development Report. World Bank Chief Economist Justin Lin, Norwegian State Secretary for International Development H.E. Hakon Gulbrandsen, and WDR Co-Director Marianne Fay spoke about the impact of the changing climate, re-iterating that developing countries will face 75 to 80 percent of the potential damage from global climate change.

 

 

To find out more, watch the full webcast of the press conference, or visit the WDR 2010 website. To learn more about the World Bank's work on the topic, visit the new Climate Change beta site or the climate change blog, Development in a Changing Climate.

 

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