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IELTS Free Online Writing Practice - Discuss the impact of climate change on global economic stability.

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Writing Task 2 Topic: Discuss the impact of climate change on global economic stability.

Model Answer:

The increasing incidence of extreme weather events, rising sea levels, and changes in temperature patterns are some of the consequences of climate change that pose a significant threat to global economic stability. This essay will argue that these consequences can lead to increased costs for businesses and governments, reduced agricultural productivity, and fluctuations in energy markets, ultimately affecting overall economic growth.

Firstly, extreme weather events such as hurricanes, droughts, floods, and storms are expected to become more frequent and intense due to climate change. These disasters can lead to massive losses for businesses and governments, particularly those located in low-lying coastal areas or regions prone to natural disasters. For example, the 2017 hurricanes in the United States caused an estimated $200 billion in damages, affecting the nation's economic growth. Moreover, these disasters can disrupt supply chains and reduce consumer spending, which can contribute to slowing down economic growth globally.

Secondly, rising sea levels and changes in temperature patterns are expected to have a profound impact on agricultural productivity. As temperatures rise, some crops may no longer be able to grow in regions where they were once successful, while others may suffer from reduced yields. This can lead to food shortages and increased food prices, affecting the global economy. For instance, the decline in corn production in the United States due to higher temperatures could potentially lead to a rise in food prices worldwide.

Lastly, climate change is expected to have significant implications for energy markets. Renewable energy sources such as wind and solar power are becoming more important in the face of climate change, but their intermittent nature can pose challenges to grid stability. Additionally, the increased demand for cooling due to rising temperatures may lead to higher electricity consumption, which could strain power grids and result in increased costs for consumers and businesses.

In conclusion, the consequences of climate change, such as extreme weather events, rising sea levels, and changes in temperature patterns, pose a significant threat to global economic stability. These factors can lead to increased costs for businesses and governments, reduced agricultural productivity, and fluctuations in energy markets, ultimately affecting overall economic growth. To mitigate these impacts, it is essential for nations to implement policies that reduce greenhouse gas emissions, invest in infrastructure resilience, and promote sustainable development practices.

Score: Band 9

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