Addressing Human Contributions to Climate Change. Business Decision Model Report

Essay from the year 2023 in the subject Business economics - Economic Policy, grade: A, Pwani University, language: English, abstract: Climate change is a concept used to refer to a wide range of, and long-term effects of weather patterns. Climate change is a global problem, usually caused by the excessive release of carbon dioxide into the atmosphere. The burning of wood and fossil fuels has conspicuously impacted the carbon cycle negatively, causing a substantial increase in carbon dioxide level. The carbon dioxide level has continued to rise in response to the increased conversion of organic forms during the Industrial Revolution. Ideally, carbon dioxide has increased sharply from 280 ppm to over 400 for the past two centuries. Initially, people brushed off the idea that such an increase in carbon dioxide was due to human activities. The issue of climate change was therefore attributed to nature, and treated as a natural component. The global community has already acknowledged the implications of climate change and has been striving to reduce carbon emissions for the past few decades. Through the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol, a target to limit the mean global temperature rise to no more than (or as close to) 2°C by the year 2100 was established. The objective of this business decision model report is to determine a plausible set of human behavioral and policy changes that would be used to limit the mean global temperature rise to no more than (or as close to) 2°C by the year 2100 in alignment with the UNFCCC and the Kyoto Protocol directives.