Facebook
Twitter
LinkedIn
Instagram
Youtube

How is climate change having global impacts?

Team Veye | 20 Jan 2020

How is climate change having global impacts?

The world has been facing many complex and interrelated challenges recently. Once we view these problems in totality a broader picture may emerge to find some solution to these. This becomes all the more important to improve the quality of life in ways that simultaneously protect and enhance the earth’s life support system.

Global warming or rather climate change is one of the most defining issues of these times. 

Global warming and climate change are two different aspects and are closely related and have been used interchangeably. Change in temperature is one of the many effects of climate change. Climate change encompasses global warming and refers to the broader changes happening to our earth. 

Global warming refers to the rise in global temperatures due mainly to the increasing concentrations of greenhouse gases in the atmosphere. The planet's average surface temperature has risen about 1.62 degrees Fahrenheit (0.9 degrees Celsius) since the late 19th century.

The current warming trend is of particular significance because most of it is likely to be the result of human activity since the mid-20th century and proceeding at a rate that is unprecedented over decades to millennia.

As a consequence of changing the natural greenhouse, we may have warmer earth. Warmer conditions will probably lead to more evaporation and precipitation overall, but individual regions will vary, some becoming wetter and another dryer. 

From shifting weather patterns that threaten food production to rising sea levels that increase the risk of flooding, the impacts of climate change are global in scope and unprecedented in scale. Global sea level rose about 8 inches in the last century. The rate in the last two decades, however, is nearly double that of the last century and is accelerating slightly every year.

Such happenings do warrant serious and urgent action today because adapting to these impacts in the future will be more difficult and costly.

Disclaimer

Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing reports. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.