A classic example of economic growth innovation in price sensitive India is the single use detergent sachet- each of those represents an improvement in cleanliness and hygiene for people who couldn’t afford it before.
Now increase the cost of plastic, even marginally and that change reverberates down the product chain.
Everything from medicine packaging, to Saran Wrap to those single use sachets change in price.
However, the correct point is that if we don’t do anything, what will happen to that number? Is it truly conceivable that climate change will not send more people into poverty eventually?