The global economic impact
of climate change

extreme rainfall and flooding
cause fields to be washed away
and livestock to drown

In March of 2019, the American
state of Iowa lost $1.6 billion worth
of crops and livestock

food supply insecurity

Farmers to plant less crops
compared to previously

Yield will cause prices for things
such as animal feed and ethanol to
inflate

heat and drought

A reduction in
crop yield

for every degree celsius the
global thermostat increase,
there will be a 5-15% decrease
in overall agricultural output

crop yield

decrease in availability
of water and groundwater

increase in pests and weeds

fire risk

vulnerability in farmers,
increase in need to adapt
to changing conditions

inflation in prices
for commoditites

businesses as their costs
for raw materials will increase

precipitation leads to
damaged infrastructure due to
flooding

Extreme weather will lead to
the need to repair and maintain
infrastructures

An increase in
maintenance costs

Military bases are in
a vulnerable position
due to flooding and
rising sea levels

global communication networks
will be affected due to flooding and
rising sea levels

fibre optics cables, data centres,
traffic exchanges, and termination
points

precipitation leads to
an increase in water pollution
due to lack of water flow

Rising sea levels could affect both the availability and quality of water supply

air transportation is in risk due to
hail storms, flooding, damaging winds

malfunction of aircrafts, and
risky conditions to travel in

winter tourism revenue,
losing nearly $2 billion
annually in 2030

less snowfall and shorter
and less cold seasons

rising water temperatures
can stimulate algae growth and
compromise water quality

water to become compromised
as a resource due to euthrophication

Water
recreation activities

frequent and harsher
wildfires

rising sea levels
put coastal regions
and small islands
at risk

risk of catching diseases
and risk of being harmed by
the suns rays

Warmer temperatures
guarantee more sun and heat on
vacations

tourism

Global economic output
by 11%-14% by 2050
due to climate change

$23 trillion

Products may become
obsolete or lose their
market

South Asian countries could shave off
as much as a third of their wealth

India

economy would shrink by 35%

Southeast Asian countries
as half of their wealth would
be shaved off

Philippines, Malaysia, Thailand

economy would shrink by 40%

The frequency and intensity of
extreme weather and weath conditions
will affect the bottom line of businesses and corporations

the infrastructure of businesses

factories, supply chain
functions, transportation

Climate volatility

uncertainty in prices of resources for production, energy, transportation
and insurance

Higher air/water temperatures
can lead to asset corrosion

drought can make water
more expensive

Cost of production and
extraction of raw materials

Climate change can
generate $2.1 trillion
in business prospects

Arctic ice melting

New shipping transportation routes

transportation times

prospects for oil
and gas drilling

all these new business prospects
are ultimately still contributing to
climate change

Clean energy sources

sustainability and
green developments

construction of green infrastructure
and coastal infrastructure

New jobs in specific sector

Biotech companies putting
in efforts to create crops that
are resistant to extreme weather
conditions

demand for weather monitoring
equipment due to extreme weather

pharmaceutical companies
developing drugs that help
combat illnesses that humans
are more prone to due to climate
change (malaria, dengue, etc.)

hybrid and electric
vehicle production

governments creating programs
for buying all electric vehicles

sustainable
transportation