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Effect of global warming on the economic 1) discuss how it affects the individual, state, nation...

Effect of global warming on the economic

1) discuss how it affects the individual, state, nation and world economically
2) laws or policies enacted or currently in place
( provide details )
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Answer #1
  1. Global warming affects strongly through natural disaster and changing climate conditions. This affects the state and nation and individuals both and can lead to various health issues as well economic loss. The bigger effect is widespread financial loss to world. It also shrinks the world size and can cause rising temperatures, loss of biodiversity, agriculture loss, coastal erosion.
  2. Currently most accepted and followed law is Global warming solution act of 2006 which is aimed to reduce greenhouse gases. It has been adopting strict severe measures of late and has reduced 30% gas emissions. Paris climate agreement too has been formed in 2016 by 195 UNFCC countries.
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