Question

Subject : Effect of the global warming on the economic

Question

- Laws and policies enacted or currently in place ( list and explain )

Answer 1

Impact of global warming (climate change) on economy

1- Climate vagaries- agrarian distress, threat of pests , farm production reduces :- Inflation rises, imports of food products (SMART agriculture, diverse cropping system)

2- Trigger natural disaster - Flash floods and drought conditions :- Rehabilitation cost, infrastructure costs (Afforestation, SENDAI framework, forecasting of disaster)

3- Rise of temperature, heat waves :- Heat strokes, stall infrastructure projects in summer months (Summer shelters, Sustainable urbanization, Green highways)

4- Rise of disease :- Rises health expenditure , impacts the efficiency of human capital (SBA, Mohalla Clinics, Screening model like Sri Lanka, Jan Aushadi)

5- Rise of sea level :- Impacts coastal farming, fisheries , tourism (early warning systems, Inland fishing, Aquaculture )