What is Climate Change?

You may have heard the terms “climate change” and “global warming” used interchangeably, but they are not entirely the same. Both describe changes in the Earth’s climate, but they focus on different aspects. Global warming primarily refers to the increasing average temperature of the planet. Climate change, on the other hand, encompasses a broader range of changes, including shifts in precipitation, wind patterns, and temperature over varying periods. These changes can persist for years, decades, or even millions of years.

What Causes Climate Change?

Scientific evidence clearly indicates that global climate change, driven by human activities, is happening now and poses a growing threat to society.

1. Burning Fossil Fuels:
   Human activities like burning fossil fuels for electricity, heating, and transportation significantly contribute to climate change by releasing greenhouse gases into the atmosphere.

2. Greenhouse Gas Effects:
   While greenhouse gases play a crucial role in regulating the Earth’s climate, excessive emissions intensify the greenhouse effect. As sunlight reaches Earth, some of the energy is absorbed, and the rest is reflected back into space. Greenhouse gases trap this reflected energy, redirecting it back to Earth and contributing to global warming. Key greenhouse gases include:

   • Water vapor
   • Carbon dioxide (CO₂)
   • Methane
   • Nitrous oxide
   • Chlorofluorocarbons (CFCs)

Effects and Impacts of Climate Change

The consequences of climate change are becoming increasingly evident, from extreme weather patterns to melting glaciers. People worldwide are beginning to notice its tangible impacts.

• Extreme Weather:
  Changes in weather patterns are one of the most noticeable effects of climate change. In 2019 alone, the first ten months saw six climate-related disasters, each causing over $1 billion in damages.

• Rising Sea Levels:
  The National Oceanic and Atmospheric Administration (NOAA) estimates that sea levels could rise by at least 8 inches by 2100. This would lead to increased flooding and significant losses in ocean and wetland habitats.

Solutions to Climate Change

Taking immediate action is essential to mitigate the worst consequences of climate change. Transitioning to cleaner, sustainable energy solutions not only helps the environment but can also generate millions of jobs and substantial economic benefits.

Here are some actionable steps to combat climate change:

1. Recycle and reduce waste.
2. Make your home energy efficient.
3. Adopt a plant-based diet.
4. Walk, bike, or use public transportation.
5. Power your home with renewable energy.
6. Purchase carbon offsets.

By adopting these solutions and encouraging widespread change, we can make a significant impact in reducing climate change’s effects and building a sustainable future.

Bahamian Sovereign Wealth Team
Mr. Ricardo Thurston, Ms. Ginger Jenkins, Mr. Clayton Philips, and Dr. Elwood Rolle