Some people think climate change has a negative impact on business, while others think that it provides more business opportunities. Discuss both views and give your own opinion.
Across the globe,
climate
change
is affecting many business entrepreneurs regardless of their age or background. While many perceive climate
change
as detrimental to businesses
, others see it as an opportunity to expand further
. This
essay will share both views and explain why I see climate
change
as an opportunity rather than a deterrence to business growth.
Climate
change
comes in many forms, including flash floods, global warming, droughts and tropical storms. In such
a natural disaster, businesses
have to shut down due to damage or loss of supplies. For example
, the recent flooding in Kuala Lumpur in February saw many eateries and shops filled with rising water which took days or weeks to clear. Similarly
, in the agricultural and fishing sectors for example
. Fish farms suffered thousands of ringgit in
losses as the fish cages were flooded. Change preposition
apply
Hence
, unpredictable changes in the weather can impact businesses
negatively
Conversely
, climate
change
can be seen as an opportunity to grow business models to meet people’s demands. For instance
, the COVID-19 pandemic, which started two years ago, saw many entrepreneurs flourish when they chose to migrate their conventional sales from the physical store into an online store. It made people continue shopping online despite being in lockdown at home for many months. Furthermore
, opportunities were seen by selling necessities that matched the pandemic's needs, including selling face masks, air purifiers and hand sanitisers, to list a few.
In conclusion, although
many people see climate
transformation as a negative impact, I believe it brings more monetary gain to businesses
. How much climate
change
hurts the economy will depend on how businesses
adapt and prepare for it.Submitted by Jane
on
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