We have ten years to fix the environment, or we are doomed.
"We could be on the verge of seeing human development reverse for the first time in 30 years," Kevin Watkins, lead author of the report, told Reuters.
The report, to be presented in Brasilia on Tuesday, sets targets and a road map to reduce carbon emissions before a U.N. climate summit next month in Bali, Indonesia.
Emissions of carbon dioxide and other greenhouse gases into the atmosphere help trap heat and lead to global warming.
"The message for Bali is the world cannot afford to wait, it has less than a decade to change course," said Watkins, a senior research fellow at Britain's Oxford University.