FILE – Tuvalu, shown in this undated photo, is among Pacific atoll islands threatened with rising sea levels, according to a World Bank study released on Nov. 14, 2024. (Rising Nations Initiative via AP)
A study by the World Bank on Thursday said urgent action is needed to address rising sea levels in the Pacific atoll islands of Kiribati, the Marshall Islands and Tuvalu, which under current projections could be 50% to 80% submerged in the next 50 years.
The World Bank’s “Pacific Atoll Countries Country Climate and Development Report” says the low-lying nations and the roughly 200,000 people who live on them face some of the most severe existential threats from climate change of any region in the world.
The study cites projected sea level rises of up to a half meter in the last half of this century and suggests 50% to 80% of major urban areas in the countries could be underwater.
The region is already seeing annual losses from climate events — such as more frequent and powerful storms — equivalent to 7% of the total economic output in Tuvalu. About 3% to 4% of output in the Marshall Islands and Kiribati are projected to increase.
The bank said that without urgent global and local action, a 1-in-20-year climate event in Tuvalu could lead to damage and losses equivalent to 50% of current annual output by 2050.
The study makes near-, medium- and long-term recommendations for the island nations. The near- and medium-term suggestions include investments in sustainable construction to protect freshwater resources, fisheries and energy supplies, among other crucial infrastructure.
The study’s long-term suggestions include investments in education, legal and regulatory frameworks, economic development and climate resilience.
The study also called on the international donor community to make contributions to the Pacific atoll countries, which still face a significant climate funding gap.
The World Bank produces diagnostic country climate and development reports, CCDRs, that integrate climate change and development considerations and suggest concrete actions that countries can take to mitigate and adapt to climate change. The bank has completed over 45 CCDRs around the world as of October 2024.
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