71% of the Earth’s surface is water-covered. 97% of that water can be found in our ocean; 2% is frozen in glaciers and ice caps, and 1% is fresh. The ocean generates 50% of the oxygen we need to survive, absorbs 31% of all carbon dioxide emissions and captures 90% of the excess heat generated by these emissions. It is not just 'the lungs of the planet' but also its largest 'carbon sink' – a vital buffer against the impacts of climate change.
HOW DOES GLOBAL WARMING AFFECT WATER?
Water and climate change are inextricably linked. Climate change affects the world’s water in complex ways.
- As the oceans heat and the glaciers and the ice shelves melt, the sea levels rise and the ocean acidifies.
- As global warming increases water vapor in the atmosphere, heavy rain and snowstorms accelerate – flooding becomes heavier.
- As the warmer and moister atmosphere interacts with our warmer oceans, our hurricanes will be more intense, produce more rainfall and probably be larger.
- As temperatures rise, precipitation patterns are disrupted and one result is water scarcity, leading to worsening droughts. This is no longer a distant threat. By 2030, fresh water demand is expected to outpace supply by 40%. The effects of water stress will be felt in industries from agriculture to e-commerce, putting up to $70 trillion of global GDP at risk, according to the World Resources Institute.
Most impacts of climate change come down to water or the lack thereof.
HOW DO THOSE ISSUES AFFECT US ECONOMICALLY?
Since tracking began in 1980 through 2024, the top four most economically costly US weather and climate disasters are water-related:
- Tropical cyclones (hurricanes) at $1,411.2B billion
- Severe storms at $485.2 billion
- Droughts at $360.2 billion
- Inland flooding at $200.2 billion
OUTSIDE OF FUNCTIONING AS A CARBON SINK, CAN THE OCEAN PROVIDE OTHER CLIMATE CHANGE SOLUTIONS?
Although the oceans are warming about 40% faster than the UN had previously predicted, a report published by The World Resources Institute in 2023, The Ocean as a Solution to Climate Change: Updated Opportunities for Action, imagines the ocean as a powerful source that could deliver up to 35% of emission cuts needed to limit temp rise to 1.5°C by 2050. Some of these changes include:
- Scaling ocean-based renewable energy (like hydropower or tidal power)
- Decarbonizing ocean-based transport
- Conserving and restoring coastal and marine ecosystems
- Utilizing low carbon food from the ocean
- Developing marine carbon dioxide removal and carbon capture and storage under the seabed
- Decarbonizing ocean-based tourism
- Reducing offshore oil and gas extraction
Maybe it is time to visit these 10 incredible places before they vanish — all due to climate change-related water issues. (Learn more about disappearing places here).
More to learn about water here.
CREDIT: World Resources Institute
Notes: * To stay under a 1.5°C change relative to pre-industrial levels
Figure 2: Summary of Wider Impact of Ocean-based interventions on Sustainable Development Dimensions
CREDIT: World Resources Institute
Notes: Wider-impact dimensions cover various sustainable development dimension indicators as well as 2030 Sustainable Development Goals (SD). The figure shows the relative strength of the relationship between the ocean-based areas of interventions and the SDGs. The relationship between each ocean-based mitigation option and SDG is given a linkage score, positive scores shown by green boxes and negative scores shown by yellow/red boxes. Scores range from +3 (indivisible) to -3 [cancelling) (Nilsson et al. 2016). A zero score (no bar and no colour) means no impact was found in this review of the literature. For intervention areas where there is more than one mitigation option, an average of the linkage score is taken among the mitigation options in that area. Further information on the linkage scores and the associated confidence levels are provided in the Annex.