Climate change is already destroying billions of lives and mankind is not doing enough to limit suffering, the Intergovernmental Panel on Climate Change (IPCC) warned in a major report on Monday.

Governments must cut emissions dramatically, to stop runaway global warming, but they can function to reduce the suffering by adapting to conditions in a warmer world, the report states.

American and European investment firms said the report was a wake-up call to the huge risks climate change poses to the financial system and that most firms aren’t doing enough to adjust.

Timon McPhearson, an urban ecologist at New School in New York and one of 270 authors of the report, said that “it is the poor and marital that are most affected by climate change.”


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Intergovernmental Panel on Climate Change

The Intergovernmental Panel on Climate Change is an intergovernmental body of the United Nations responsible for advancing knowledge on human-induced climate change. (wikipedia)


International Red Cross and Red Crescent Movement

The International Red Cross and Red Crescent Movement is an international humanitarian movement with approximately 97 million volunteers, members and staff worldwide, (wikipedia)