Abstract The global warming has significant implications for the economic sustainability of many communities. In particular, it is possible to mention the declining harvest of various crops as well as threats to food security in various countries. Furthermore, one should speak about the need to adopt new approaches to production such as the use of genetically modified organisms. Additionally, much attention should be paid to the risk of the natural disasters such as floods, hurricanes, and tornados that can damage the property of many people and threaten their survival. Admittedly, the mechanisms of global warming are not fully understood. This process may not be caused by only human activities. Nevertheless, the impacts of this process should be of great concern to policy-makers. These are the main issues that should be discussed more closely. Introduction The questions related to global warming have been of great concern to scientists, engineers, policy-makers, and journalists. The potential risks associated with this process have led to the adoption of new regulations and significant changes in environmental practices of many manufacturing companies. This research paper is aimed at examining various aspects of this phenomenon. In particular, one should focus on the main effects of global warming; for instance, it is possible to speak about the transformation of agricultural production and the threats to food security. To a great extent, these changes can be caused by the changing fertility of different crops. Thus, it is important to consider the danger of famine in various regions in the world. Furthermore, much attention should be paid to the criticism of the main models explaining or describing this process. Overall, it is possible to argue that global warming poses significant threats to the economic sustainability of different countries; moreover, it can increase the risk of natural disasters that produce catastrophic effects on various communities. Admittedly, the mechanisms of this phenomenon may not be fully understood by scientists; however, its risks should not be disregarded. Therefore, it is vital to reduce the impact of human activities on various elements of the environment. This is the main thesis that should be examined in greater detail. The effects of global warming Overall, scholars argue that the global increase in temperature can be explained primarily by the human activities (El-Sharkawy, 2014). This explanation is adopted by the majority of scientists who study the changes in the climate. In particular, one should speak about the excessive use of fossil fuels and deforestation (El-Sharkawy, 2014, p. 161). Furthermore, researchers focus on the release of such gases as methane, carbon dioxide, water vapor, and nitrous oxide (El-Sharkawy, 2014, p. 161). To a great extent, global warming can be attributed to the growth of industrial production throughout the world. These examples highlight the need for changing the environmental practices and adopting new methods of production. It should be mentioned that during the past century the global temperature has risen by approximately 0.75 C (El-Sharkawy, 2014, p. 162). In turn, global warming can influence