The Effects Of Global Climate Change On The Economy Essay

1107 Words Jan 20th, 2016 5 Pages
Since the dawn of the Industrial Revolution, the global dependence on fossil fuels has become associated with global climate change. This statement can be attributed to fossil fuels emitting carbon dioxide that acts a greenhouse gas which traps heat, causing the atmosphere of the Earth to rise in temperature. Evidence of global climate change can be seen around the world, ranging from rising sea levels to increased temperatures in specific regions. Because of the increased carbon emissions from fossil fuel, I believe the effects of global climate change have caused the economies of nations around the world to be adversely affected both in the short and long term.
The effects of global climate change have been known to have an adverse effect on the economy of a country, specifically developing countries. Due to a developing country’s dependence on agriculture as a main source of income that supports the economy, any negative effects on the agriculture would result in unfavorable results in the economy. According to Maria Waldinger, a post doctoral researcher for the Grantham Research Institute on Climate Change and the Environment, “For India, Burgess et al. (2014) shows that excessive heat during the growing season decreased income from agriculture and increased mortality among the rural population.” This quote represents how climate change can adversely affect a specific region which depends on agriculture. However, climate change has shown to affect income apart…

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