The UN-comissioned report found that 1.5 C global warming by 2030 will result in a 43 per cent rise in the number of people exposed to severe climate hazards like drought, fires and floods. If the world reaches 1.5 C by 2050, about one in four people will experience severe climate hazards. (The Logic)

Talking point: The report, unveiled at COP26 on Monday, found that people in lower-income countries are at higher risk of severe weather and have fewer resources for dealing with it, though “a larger share of people in nearly all nations” will be impacted. Under a 2 C warming scenario by 2050—which is more realistic at this stage—one in three people are expected to face dangerous climate events, up from about one in six today. Raising funds from wealthy countries to help those in developing nations protect against the risks of climate change is a major focus of COP26. For its part, Canada over the past week has announced up to $57.5 million for three specific initiatives to address the issue, as part of the $5.3 billion it pledged over the next five years for international climate financing. In his talk in Glasgow Monday, former U.S. president Barack Obama applauded Canada and other allies for progress on climate change since signing the Paris Agreement. At the same time, he implored world leaders to do more, singling out China and Russia for abstaining from the summit.