The above video was based on this page by Bloomberg.
Climate change is one of the biggest threats to our global society.
Now the question is, what can we do about it?
One: stop adding to the problem. Two: adapt.
It is not a choice between one or the other. It has to be both. The good news is, the transition has started, the reality is sinking in with the majority of people. The bad news is, we need to accelerate, because we are way behind schedule. Luckily, people can be very creative – especially if given the right incentives.
One of the best incentives to reduce emissions is a price on carbon. See for more on that Long-term Policies under Expertise. In addition, we should capture carbon in the safest way possible: by planting and protecting trees (and lots of them, we just have to consider carefully which species we plant where).
For adaptation, the reality is that nature will provide us with incentives if we don’t adapt fast enough. Everyone will notice increases in extreme weather. And for those that need statistics, see what insurer Munich Re says here.
There are many ways to adapt, but some of the best defenses against a changing climate are restoring natural defenses. Forests prevent erosion, mangroves prevent and reduce floods. Natural resilience is worth its weight in gold.