Question

Effect of global warming on the economic

1) description of major findings

2) definition of the problem

Answer 1

Global warming has put several adverse effects on the economy of the nations around the world, especially to small island nations, developed and developing nations and especially who emitted historically and are emitting green houses gases in millions of tonnes every year and each nation is emitting green house gases by human activities and by using fossil fuels and by other uses.

1) Description of the major findings- As per major findings since 1880's global temperate has risen to 1.2 Fahrenheit and is continuously increasing and the warmest 30 years period in the Northern Hemisphere were between 1983 and 2012.

Due to global warning US government has lost $300 billion between 2007 to 2017 and Hurricanes cost US economy $700 billion in the last 16 years.

Global warming is going to affect the farm/agriculture sector the most and the farm land can become arid or wet and wild flora can shift to even more colder and to heigh places or even to poles and even can get extinct and fauna can also shift with the shift of flora or even can get extinct due to global warming.

Small island nations can get affected badly due to global warming and their shores can get submerged in ocean water and their boundaries will get changed and shrined and even that can risk the migration to other safer locations and countries and this can put even more pressure on resources and can increase new construction and this will increase even more global warming.

2) Definition of the problem: Global warming is the worldwide phenomena in which global temperature rises to its previous levels and warms the earth's surface temperature and this causes changes in the season and shorten the winters and increases the spell of summer and warmer season and this causes bad effect on the global economy and this causes use of AC's, refrigerators and this increases the use of fossil fuel and this further contributes to the global warming which increases the spell of hurricanes, cyclones, floods, cut of fertile land by floor water and flooded rivers and global temperature will melt and even melting the glaciers and snow at poles and this can raise the ocean water level which can submerge the island nations shoreline and this can threat the existence of island nations, especially small island nations.