The impact of climate change on major sectors such as industry, tourism and agriculture is closely related to economic indicators as well as economic indicators.
In the study conducted by the University of New South Wales in Australia, the impact of climate change on global gross domestic product (GDP) was discussed.
Researchers include the interdependent structure of the global economy and the effects of weather conditions in a country on economies in other countries.
In the study, the researchers who added the global weather conditions to the analysis methods using three econometric models found that macroeconomic loss projections were significantly worsening under certain future emission scenarios.
Climate factor increases losses
According to the emission scenario of very high greenhouse gases, when the average between both econometric models and climatic models for 2100, it is estimated that a global GDP loss of 11 percent without taking into consideration global weather conditions, and approximately 40 percent of global GDP loss will be experienced when global weather conditions are added.
Answering the questions of AA correspondent. Dr. Erhan Aslanoglu, climate change has many direct and indirect effects on economic activities, but the most important effect as a result of natural events, he said.
Damage cost, recovery cost and prevention cost
Aslanoğlu stated that increasing air temperatures due to climate crisis causing health problems such as heart attack and blood pressure leading to life losses, “These are very difficult to measure, but it may be caused by the problems related to climate. Therefore, measured and not measured losses. Hot weather, natural disasters, cold weather, in many sense, in many sense, in many sense, in the world. In fact, there is a cost of damage, so many damage to the climate crisis, storms, floods, such as the cost of re -elimination and rescue. ” he said.
Aslanoğlu stated that there is a cost of prevention for the fight against climate change in many countries of the world and that this cost constitutes a burden on both the private and public sector and that this burden has negative effects on public balances.
Underlining that climate change may cause macroeconomic instability by increasing public deficits and public debts, Aslanoğlu said that another problem emerged at the point of supply.
Inflation cost
Aslanoğlu, who gave information that climate change caused disruptions in various stages, especially the logistics process of the products, continued:
“The transportation of the products, these interruption, storms, natural disasters, ships, aircraft, the costs of preventing the timely supply. There are costs arising from the delay of the sea, the airline companies, such risks, such risks reflect the prices. The environment, that is, the end of the natural balance of the world, such as burning forests, sea pollution in the atmosphere, but the disappearance of the environment is very difficult. “
The 40 percent decrease in the global GDP, which is mentioned in the study, is a controversial issue because it is a controversial issue because the effects of climate change progress in a dynamic process, Aslanoğlu emphasized that if such a picture is encountered, there is a factors that will affect the potential production of procurement problems with the loss of productivity and logistics.
Aslanoğlu explained the scenario that could be experienced with the increase in the world’s population in the following years with the cake metaphor, “Growth, growth of the cake is a concept used by economists and it is possible to protect or increase the tongue taken from the cake when the cake grows. It is necessary to wait for less than the production of the cake with the increase in production. he said.
Importance of Climate Agreements
Aslanoğlu, who gave the measures that can be taken to reduce the pressure of climate change on the economy, an example of Kyoto Protocol and Paris Agreement, and that such agreements allow both production and consumption behaviors to be changed over time.
Aslanoğlu advised that the world’s production style and this form of production should be supported, and the Paris Agreement may be achieved by spending 3 to 4 trillion dollars with a 3 to 4 trillion dollars, and the 2050 targets can be achieved, and the 2050 targets can be achieved, the world leaders to work in cooperation to save the planet, and to be able to help the developed and underdeveloped countries to be able to reach the level. called.
