At the same time, there is scientific evidence that more intense and frequent climate-influenced hazards  can undermine decade-long poverty reduction efforts, particularly in most vulnerable regions . There is high agreement that, with global warming of about 3ºC, such undermining of poverty reduction efforts will intensify and more regions will face development setbacks due to the spatial and temporal expansion of climate hazards, including the further erosion of capital that enables people to develop adaptive capacities  . Such trends can further exacerbate poverty traps . According to a World Bank report, between 32 and 132 million people could fall into extreme poverty by 2030 due to the impacts of climate change . Models estimate that at 3ºC warming and under Shared Socioeconomic Pathway  1, there would be an additional 245 million people exposed to poverty. Under SSP2 this number would increase to 904 million additional people exposed to poverty  and under SSP3  about 1918 million additional people could be exposed to poverty in the year 2050 .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report