How does climate affect resource distribution?
Climate change has both direct and indirect effects on agricultural productivity including changing rainfall patterns, drought, flooding, and the geographical redistribution of pests and diseases. Conflict can arise when natural resources are not equitably managed.
How does climate change affect resources goods and services and finances?
Changes in Resource Availability and Cost
Rising electricity and transportation expenses may also increase the cost of moving goods. Regulatory restrictions on goods linked to climate change could also increase costs. Resource scarcity could drive companies to use alternative materials and recycle more waste.
How climate and natural resources influence people’s lives?
Climate change could affect our society through impacts on a number of different social, cultural, and natural resources. For example, climate change could affect human health, infrastructure, and transportation systems, as well as energy, food, and water supplies.
Why is the environment a scarce resource?
Environmental scarcity refers to the declining availability of renewable natural resources such as freshwater or soil. … Demand-induced scarcity: Population growth or increasing consumption levels decrease the amount of limited natural resources available to each individual.
How do we use natural resources and why is conservation of natural resources important?
The conservation of natural resources is important as the world population continues to grow, with many of the most important natural resources being finite and non-renewable. Natural resources are materials and substances that occur naturally and can be used for economic gain.
How does the climate affect the economy?
climate change would increase income inequalities between and within countries. a small increase in global mean temperature (up to 2 °C, measured against 1990 levels) would result in net negative market sector in many developing countries and net positive market sector impacts in many developed countries.
How does climate change affect the financial system?
The more extreme and frequent weather events get, the higher the financial damage associated on property, but also on other parts of our economy. In the case of a severe flood, for instance, a mortgage owner might lose the house and not be able to repay the full amount to the bank.
How does climate affect a business?
Changing weather patterns may pose the most dramatic risk to businesses large and small. Emission control systems can be so expensive that public companies are required to report them as business costs. … Climate change alters consumer behavior, to the detriment of some businesses and the benefit of others.