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<p>The 2007 Stern Review concluded that the impacts of unmitigated climate change
could be equivalent to losing 5-20% of global GDP, with the higher range accounting
for a wide range of impacts and risks. A range of scientific evidence also makes clear
that the risks and impacts could be severe, with some potentially catastrophic. The
Intergovernmental Panel on Climate Change’s (IPCC) 5th Assessment Report and 1.5°C
Special Report show that human-caused climate change has had widespread impacts on
human and natural systems, for example, heatwaves are longer, hotter, and more frequent,
and the sea-level is rising at a rate of 2.6 – 2.9 millimetres per year.</p><p> </p><p>The
UK’s 2017 Climate Change Risk Assessment (CCRA) finds that climate change poses multiple
risks to the UK. Communities, businesses and infrastructure will be affected by flooding
and coastal change, domestic and international food production and trade could be
impacted, and our natural capital (including ecosystems, soils and biodiversity) will
be at risk. People’s health, wellbeing and productivity will be at risk from high
temperatures, and people, animals and plants will be at risk from new and emerging
pests and diseases. The CCRA also identified that there may be economic opportunities
for UK business from an increase in global demand for adaptation-related goods and
services like engineering and insurance.</p>
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