Impact of Globalization On Climate Change
Impact of Globalization On Climate Change
Impact of Globalization On Climate Change
Globalization
The term globalization arise in early 80’s, there is no specific definition of globalization, but I
have referred to three different American author’s for the definition of globalization,
• First period of Globalization: (~1860 -1914): the first period is categorized from mid
19th to beginning of first world war, first phase was dominated by british pound, its navy
and culture, most of the first phase was build around falling transportation costs as new
ways of transportations were introduced, the key technologies were railroad, steamship
and automobile.
• Second period of Globalization: (1990 - ): the second period is after the fall of
U.S.S.R and end of cold war, America rose as the new power dominating others by its
dollar, military power and culture, the second phase is still going on and is focused
around falling telecommunication costs with introduction of internet and other key
technologies as microchips, satellites and fiber optics.
• Differences:
“The first era of globalization shrank the world from a size “large” to a size “medium”, this era
of globalization is shrinking the world from a size “medium” to a size “small”.
Climate change
To understand what climate change its important to understand that earth has limits, its finite
when it comes to production of resources and supporting of a certain amount population.
2) Affluence:
3) Technology:
5) Market failure:
6) Policy/political failure:
4. Deforestation: None
• Top 20% in world income consume 85% of its wealth and produce 90% of its waste
Example
In late 2008, US venture capital funds had invested close to USD 2.8 billion in green
technologies, despite difficult market conditions. Between July and September 2008, total
venture capital invested in solar energy amounted to USD 1.5 billion.
Brasilia has promised to reduce by 70% the impact of clearing the Amazonian rainforest
by 2018.
The Asia-Pacific Partnership on Clean Development and Climate, also known as APP
Conclusion
Concluding, I would quote Brende Gillespie, Head EPI of OECD Environment directorate “As a
growth-stimulating factor, globalization impacts on the environment. At the same time, thanks
to globalised information and knowledge, the public is considerably more aware of ecological
issues and this has generated greater mobilization. Theoretically, resources can be used more
rationally because of increased Trade and investment. But for the moment, it seems that
globalization's negative environmental effects are more apparent. For example, increased
pollution linked to transport immediately comes to mind.”
There are positive and negative impacts of globalization, but there is need of governments,
corporations and individual level contribution to make globalization to have positive impact of
climate change.