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IELTS Free Online Writing Practice - Write an essay discussing the impact of climate change on global economic stability.

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Task: Write an essay discussing the impact of climate change on global economic stability.

Model Answer:

It is widely acknowledged that climate change poses a significant threat to the world's environmental health. However, its implications go beyond ecological concerns and extend to the realm of economics. This essay will examine how climate change can potentially undermine global economic stability by examining the direct and indirect costs incurred due to extreme weather events, shifting agricultural patterns, and resource scarcity.

Direct costs resulting from climate change manifest themselves primarily through the increased frequency and intensity of natural disasters such as hurricanes, floods, and droughts. These calamities often lead to the destruction of infrastructure, loss of human life, and widespread economic disruption. For instance, Hurricane Katrina in 2005 caused an estimated $125 billion in damages, significantly impacting the United States' economy. Additionally, the cost of disaster relief and recovery efforts place a heavy burden on government budgets worldwide.

Indirect costs stemming from climate change are more subtle yet equally concerning. As global temperatures rise, shifts in agricultural patterns may lead to decreased crop yields and food shortages, ultimately affecting global food security. Countries reliant on agriculture for their economic sustenance will face significant challenges as they struggle to adapt to these changes. For example, a study published by the National Academy of Sciences estimates that by 2050, climate change could reduce corn yields in the United States by up to 30%.

Moreover, resource scarcity poses another threat to economic stability. As global temperatures rise, water availability becomes increasingly limited, which in turn affects agriculture and energy production. According to the World Wildlife Fund (WWF), more than a billion people lack access to clean water, a number expected to rise as climate change exacerbates existing water shortages. This scarcity not only disrupts agricultural output but also strains the energy sector since water is essential for cooling power plants and generating hydroelectric power.

In conclusion, climate change poses a multifaceted threat to global economic stability. Direct costs stemming from extreme weather events inflict severe damage on infrastructure and disrupt economies, while indirect costs arising from shifting agricultural patterns and resource scarcity place long-term pressure on food security and resource availability. To mitigate these challenges, governments and organizations must develop comprehensive strategies to adapt to a changing climate and reduce greenhouse gas emissions.

Overall Score: Band 9 (Excellent)

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