Globalization has a big effect on the environment, and it can be both good and bad.
Good Effects:
Sharing Technology: Globalization helps countries share new green technologies. For example, from 2010 to 2020, countries that invested in renewable energy gained an extra $2.6 trillion in green investments.
Working Together: Agreements like the Paris Accord help countries team up to fight climate change. This could keep global temperatures from rising more than 2 degrees Celsius.
Bad Effects:
Using Resources Too Fast: Many developing countries are rapidly industrializing, which means they are using up natural resources too quickly. For instance, the Amazon rainforest is losing about 7,000 square kilometers every year because of global demand.
More Carbon Emissions: Global trade means more transportation, which adds to CO2 emissions. In 2018, the shipping industry alone emitted around 1.1 billion tons of CO2. That’s about 2.2% of all global emissions.
Conclusion:
While globalization helps share new technologies and encourages countries to work together, it also brings serious problems. These include using up resources and creating more carbon emissions. We need to find a way to balance economic growth with protecting the environment.
Globalization has a big effect on the environment, and it can be both good and bad.
Good Effects:
Sharing Technology: Globalization helps countries share new green technologies. For example, from 2010 to 2020, countries that invested in renewable energy gained an extra $2.6 trillion in green investments.
Working Together: Agreements like the Paris Accord help countries team up to fight climate change. This could keep global temperatures from rising more than 2 degrees Celsius.
Bad Effects:
Using Resources Too Fast: Many developing countries are rapidly industrializing, which means they are using up natural resources too quickly. For instance, the Amazon rainforest is losing about 7,000 square kilometers every year because of global demand.
More Carbon Emissions: Global trade means more transportation, which adds to CO2 emissions. In 2018, the shipping industry alone emitted around 1.1 billion tons of CO2. That’s about 2.2% of all global emissions.
Conclusion:
While globalization helps share new technologies and encourages countries to work together, it also brings serious problems. These include using up resources and creating more carbon emissions. We need to find a way to balance economic growth with protecting the environment.