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Who Will Bear the Brunt of Climate Change

Nyamweya is a Kenyan scholar who has done many years of research on a diversity of topics

From my perspective and knowledge gained so far, I supposed climate change will lead to extreme temperatures, more infectious diseases, and increased storms. A report documented by the Climate Science Special Report adds that aside from increased temperatures, climate change will also lead to severe precipitation, drought frequency, rising atmospheric and surface temperatures, decreasing snow cover; changing intensity and frequency of rainfall, drought, hurricanes, wildfires, and heat waves. A report by the World Economic Forum (WEF) (2019) explains that climate change will certainly lead to environmental risks that will translate to acute food insecurity whereby; over 40 million people across 39 nations around the world will be affected. Furthermore, Professor Pinkse Jonathan, who is affiliated with Alliance Manchester Business School, department of innovation, strategy and entrepreneurship agrees that although most industries and fields stands to be affected by climate change, the greatest of this impact will go to gas and oil companies, energy companies and car manufacturers. Looking forward, drink and food companies will also feel a high pinch from climate change. Oil, gas and energy Companies will specifically be adversely affected from climate change (Pinkse, 2019). This is because considering their contribution to climate change; many governments will institute regulations to control their operations (Keystone Energy Tools, 2019). On the other hand, the food and drink industry will be adversely affected due to low production of food crops arising from unfavorable environment, climate change, declining water levels, temperatures etc. In this regard, companies, whether big or small should prepare for the effects of climate change and most importantly work towards managing these impact. A business can prepare for climate change by incorporating risk assessment in their work processes, taking a future minded approach in selecting sites, finding the possible ways they can protect their assets, and creating response plan that is climate related (Folk 2019).

References

Climate Science Special Report (2020). Corporate Science Special Report. Available at: https://science2017.globalchange.gov/ (accessed on 21st January, 2020).

Folk, E (2019) How businesses can prepare for climate change related disasters. Available at: https://emagazine.com/business-ready/ (accessed on 21st January, 2020)

Pinkse, J (2019), Managing Physical Impacts of Climate Change: An Attentional Perspective, International Journal of Production 2 (1), pp15-20.

Keystone Energy Tools (2019) How will climate change affect the oil and gas industries? Available at: https://www.keystoneenergytools.com/how-will-climate-change-affect-the-oil-gas-industry-1/ (accessed on 21st January, 2020)

World Economic Forum WEF (2019) Global Risks Report 2019. Available at: https://www.weforum.org/reports/the-global-risks-report-2019 (accessed on 21st January, 2020)

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