Awareness levels of the dynamics of the climate change risk impacts



Silwimba, Peter ORCID: 0000-0001-6663-1866 and Olajide Fadun, Solomon
(2022) Awareness levels of the dynamics of the climate change risk impacts. International Journal of Research in Business and Social Science (2147- 4478), 11 (9). pp. 379-393.

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Abstract

<jats:p>Climate change affects individuals and business organisations. This study examines individuals and organisations' levels of awareness of the effects of climate change and their responses to climatic changes. It also establishes awareness of the predominant effects of climate change risks in Africa and Eastern Asia. This study was descriptive research using surveys and fact-finding enquiries of different kinds. Using a purposive sampling method, one hundred five (105) participants were selected from more than 25 countries from Africa, Asia and other emerging countries for the study. The results indicate that, on average, many people are aware of the effects and gravity of climate change. A non-parametric test of the significance of climate change's impact on financial performance yielded a hypothetical mean above the threshold of 3, a P value of less than 0.05 at a 104 df. The results indicate that climate change adversely affects individuals, organisations and communities. The findings show that communities are relatively aware of the impacts of climate change and can quantify the losses in financial terms, at least as an estimate. It indicates that the level of awareness of individuals and organisations is satisfactory. The findings on vulnerability and exposure indicated that people are aware of climate change and its effects on individuals, organisations and communities. The results reveal that it is easy to manage climate change risks using techniques developed by local and international authorities. Governments, especially in Africa, must respond fervently to demands for climate change mitigations.</jats:p>

Item Type: Article
Uncontrolled Keywords: 13 Climate Action
Divisions: Faculty of Humanities and Social Sciences > School of Management
Depositing User: Symplectic Admin
Date Deposited: 19 Apr 2023 14:42
Last Modified: 17 Mar 2024 16:10
DOI: 10.20525/ijrbs.v11i9.2233
Open Access URL: https://doi.org/10.20525/ijrbs.v11i9.2233
Related URLs:
URI: https://livrepository.liverpool.ac.uk/id/eprint/3169756