This is what Global Warming is all about

What we do today about climate change has consequences that will last a century or more. The part of that change that is due to greenhouse gas emissions is not reversible in the foreseeable future. The heat trapping gases we send into the atmosphere in 2008 will stay there until 2108 and beyond. We are therefore making choices today that will affect our own lives, but even more so the lives of our children and grandchildren. This makes climate change different and more difficult than other policy challenges.

Climate change is now a scientifically established fact. The exact impact of greenhouse gas emission is not easy to forecast and there is a lot of uncertainty in the science when it comes to predictive capability. But we now know enough to recognize that there are large risks, potentially atastrophic ones, including the melting of ice-sheets on Greenland and the West Antarctic (which would place many countries under water) and changes in the course of the Gulf Stream that would bring about drastic climatic changes.

Prudence and care about the future of our children and their children requires that we act now. This is a form of insurance against possibly very large losses. The fact that we do not know the probability of such losses or their likely exact timing is not an argument for not taking insurance. We know the danger exists. We know the damage caused by greenhouse gas emissions is irreversible for a long time. We know it is growing with every day of inaction.

Even if we were living in a world where all people had the same standard of living and were impacted by climate change in the same way, we would still have to act. If the world were a single country, with its citizens all enjoying similar income levels and all exposed more or less to the same effects of climate change, the threat of global warming could still lead to substantial damage to human well-being and prosperity by the end of this century.

In reality, the world is a heterogeneous place: people have unequal incomes and wealth and climate change will affect regions very differently. This is, for us, the most compelling reason to act rapidly. Climate change is already starting to affect some of the poorest and most vulnerable communities around the world. A worldwide average 3° centigrade increase (compared to preindustrial temperatures) over the coming decades would result in a range of localized increases that could reach twice as high in some locations. The effect that increased droughts, extreme weather events, tropical storms and sea level rises will have on large parts of Africa, on many small island states and coastal zones will be inflicted in our lifetimes. In terms of aggregate world GDP, these short term effects may not be large. But for some of the world’s poorest people, the consequences could be apocalyptic.

In the long run climate change is a massive threat to human development and in some places it is already undermining the international community’s efforts to reduce extreme poverty.

- Opening Page, United Nations Human Development Report, 2007-2008