"2016 is shaping up as the hottest year on record. The first six months of the year were the hottest since records began in 1880, while the Artic has seen record low sea ice levels. As a result of the growing impacts of climate change, millions of people experiencing higher temperatures and extreme weather events such as droughts, heat waves, floods and storm surges, putting food and water security at risk, and threatening agricultural supply chains and many coastal cities. The impacts and risks posed by climate change highlight the need for action to deliver on the Paris Agreement on climate change, reached in December 2015, to keep a global temperature rise this century below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. And with the world?s poorest people hit hardest by climate change, the case for action has been underscored by the Sustainable Development Goals, adopted by countries in September 2015, as well as the Financing for Development agenda and the Sendai Framework for Disaster Risk Reduction. For the World Bank Group, with its goals of ending extreme poverty and boosting shared prosperity, climate change and poverty are inextricably linked. A Bank report, Shock Waves: Managing the Impact of Climate Change on Poverty, warned that without rapid action, climate change could push an additional 100 million people into poverty by 2030. Delaying action would significantly increase the cost of keeping warming below 2 degrees Celsius ? according to the Intergovernmental Panel on Climate Change (IPCC) scenarios, delaying action until 2030 would increase the costs of mitigating the impact of climate change by 50 percent.//"