7.4.1 Climate change linkages and impacts
7.4.1
Climate change linkages and impacts
Impact of climate change
on poverty
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Poor hit earliest and hardest with the
least capacity to adapt. Climate change may lead to:
-
Loss of habitats & biodiversity
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Loss of livelihoods/new opportunities,
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Increased frequency/ severity of natural
disasters, flooding and extreme weather
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Water scarcity and desertification
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Conflict, civil unrest and migration
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Health impacts and food insecurity
- Complex trade-offs: e.g. biofuels could boost or undermine livelihoods of poor, carbon markets could reduce or entrench poverty
Impact
of climate change on globalisation
-
The impacts of carbon trading and the shift
towards a low carbon economy especially in energy, transport, foodstuffs,
manufacturing, construction and tourism markets
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Localisation of supply chains and markets
due to higher transport costs
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Increased risk, uncertainty and market
volatility, disruption to agriculture and infrastructure
- Failure to address climate change undermines global economy and support for globalisation process
Impact
of climate change on engineerin
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New markets and opportunities in renewable
energy, alternative fuels, energy conservation and waste reduction
-
New research/innovation opportunities
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Disaster preparedness and relief and post
disaster reconstruction
- Low carbon economy especially in energy,
infrastructure and construction markets