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Introduction

Global warming is an emerging issue among business activities in the current world. There are a variety of inevitable changes that are likely to occur to business activities in case of increased levels of global warming. Businesses globally need to make arrangements as well as plans on how they will counter global warming in the future (U.S. Global Change Research Program et al., 2019). The global community has been inadequate in making the necessary reductions in regard to carbon emissions so as to avoid the hugest implications associated with global warming. A variety of businesses are basing their focus on the concept of sustainability, however it is time for businesses as well as individuals to divert their attention to climate resiliency and the effects of global warming (Global Conference on Global Warming & In Kadioglu, 2013). Global warming continues to be associated with long-term risks to business associated activities. Focusing on global warming is considered essential in adapting as well as thriving in an era characterized by unpredictable weather and unending business closures. Climate associated resiliency is involved in the rejection of the concept regarding business as normal and bases its focus on progressive transformation. The following essay will offer a comprehensive as well as precise illustration of why the topic of global warming effects on business associated activities is appropriate.

Why the topic ‘Effects of Global warming on Business Activities' is Appropriate

The topic is essential in comprehending the various effects of global warming on businesses and helps businesses in countering such impacts. First and foremost, global warming causes uncertainty in business which is considered to be the main impact caused by global warming on businesses. Businesses need to be more agile as well as more strategic with implementation of contingency plans so as to handle the crisis caused by global warming. Businesses are currently in a constant state of uncertainty as well as subdued development and volatile commodity associated prices. If regulatory associated certainty does not come soon then it is evident that businesses will be disadvantaged and their ability to plan as well as act will be reduced. Nonetheless, there are disruptions to business associated activities. Global warming causes a form of dislocation which enhances tremendous strains on business related activities. Weather effects along with fall of buildings and destruction of instruments is a severe form of distraction to businesses caused by global warming.

Moreover, global warming has an effect on business activities by reducing the economic growth along with development in the affected areas. High temperatures are associated with reduction in incomes as well as GDP thus business activities are greatly affected since the number of people who can afford commodities is lowered. Intensification of weather and climatic alterations is associated with affecting businesses by lowering their capability as well as availability to raw materials along with causing a disruption in their supply chains. During poor weather, it is difficult for suppliers to carry out their tasks and operations normally (In Dinda et al., 2016).

Nonetheless, global warming is associated with the closure of a variety of businesses which find it hard to operate as well as survive in severe weather conditions along with unpredictable climatic changes. Furthermore, global warming is associated with affecting businesses in terms of climate alteration risk associated insurance. Although a business has the capability to insure it against a variety of the risks associated with global warming, it is evident that they are unable to get insurance cover against the identified indirect economic associated risks like effects on staff. This is inconveniencing to business operations which experience losses and drawbacks when such an event occurs and they have to pay the staff themselves.

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