3. Crisis and climate change: two intertwined challenges  The complexity of dealing with climate change reflects the intricacy of development challenges in an increasingly interdependent world. Climate change encompasses, and amplifies, concerns related to natural resource scarcity, food supply and security. It entails substantial financial requirements and distributional tradeoffs that, in turn, pose daunting political economy challenges.
However, neither these challenges nor emergencies related to crisis management should undermine the WBG’s commitment to the climate change agenda. Scientists have documented that the window of opportunity to tackle climate change is shrinking fast and that urgent and unprecedented levels of multilateral collaboration are needed.