Some think that climate change reforms will negatively affect business. Others feel they are an opportunity for businesses. Discuss both sides and give your own opinion.

In recent years, climatic change has been a subject of ongoing debate, with a number of individuals

believe

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believing

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that it has harmful effects on business,

while

others advocate for its potential benefits. From my perspective, global warming can be beneficial for manufacturers who can seize the

chances

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chance

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. On the one hand,

climate

variation can actually offer a couple of demerits to several businesses, especially in the agricultural sector. In fact, severe weather conditions pose a serious threat to the cultivation, leading to crop failures which worsen the rural economy.

Furthermore

, it can be obviously noticed that plenty of companies operate on the use of fossil fuels and the production of non-biodegradable items. In light of

climate

issues, these businesses may be forced to down or innovate their manufacturing methods in order to alleviate

this

problem. No doubt, these scenarios are detrimental to numerous companies.

On the contrary

, the changing temperature may be an opportunity for optimal growth.

Firstly

, on

an

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account of mitigating

climate

replacement, it may be an opportune moment for organizations to invest in

climate

-smart products and services when human demands are changed.

For instance

, Nat West has launched green mortgage and remortgage products that offer customers a lower interest rate if they purchase, port, or remortgage an energy-efficient property. As of end-2021, the bank had sold £728 million (USD$965 million) worth of green mortgages.

Secondly

, green companies are typically more appealing to clients. Starbucks,

for example

, has spent millions on eco-friendly cups which helps to raise their brand awareness and become the most renowned coffee brand. In conclusion, there is no denying that the transformation of

climate

can be poor for the trade.

However

, in my opinion, it may be lucrative for

the

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commerce if chances are appropriately utilized