The international community is increasingly trying to distinguish between climate, development, and humanitarian finance—as if they can be neatly compartmentalized. But this siloed approach overlooks how social-protection programs providing cash transfers to vulnerable households can strengthen resilience to climate shocks.
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LONDON—The idea that the climate crisis is diverting global attention and funding away from the eradication of poverty and hunger perpetuates a dangerous misconception of both problems. For millions of the world’s poorest people, climate change is not a future risk but a present reality, exacerbating the vulnerabilities and inequalities that block escape routes from extreme poverty. Unfortunately, the tendency to treat poverty and climate as separate issues has created policy silos, squandering opportunities to develop integrated strategies that create a virtuous circle of climate justice, strengthened resilience, and inclusive growth.
