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To begin it is worth reminding ourselves of the impact of climate change, urbanization, economic growth and globalization.
Climate change. As we know, the earth's climate is constantly changing – but in recent years there has been a significant change. The Intergovernmental Panel on Climate Change (IPCC) has predicted that global temperature will rise by the end of the century by between 1.4C and 5.8C. Most of the warming that has occurred over the last 50 years is, according to the IPCC (2007), attributable to human activities. The result of this will be a further rise in sea levels (and an increased risk of flooding), problems around fresh-water supplies in many parts of the world, a decrease in agricultural productivity in many areas, and significant health risks. The Stern Review (2006) concluded that climate change presents very serious global risks, and it demands an urgent global response. It will impact disproportionately on poorer countries – but even in richer countries, if nothing is done there will be profound economic consequences. Overall, it could mean the equivalent of around a 20% reduction in consumption per head.
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