Query: Over time, climate becomes a net problem: by the 2070s, the UN Climate Panel finds that global warming will likely cause damage equivalent to 0.2 per cent to 2 per cent of global GDP.

Relevant passages:
Effects of global warming <=SEP=> The effects of global warming are the environmental and social changes caused ( directly or indirectly ) by human emissions of greenhouse gases . There is a scientific consensus that climate change is occurring , and that human activities are the primary driver . Many impacts of climate change have already been observed , including glacier retreat , changes in the timing of seasonal events ( e.g. , earlier flowering of plants ) , and changes in agricultural productivity .   Future effects of climate change will vary depending on climate change policies and social development . The two main policies to address climate change are reducing human greenhouse gas emissions ( climate change mitigation ) and adapting to the impacts of climate change . Geoengineering is another policy option .   Near-term climate change policies could significantly affect long-term climate change impacts . Stringent mitigation policies might be able to limit global warming ( in 2100 ) to around 2 ° C or below , relative to pre-industrial levels . Without mitigation , increased energy demand and extensive use of fossil fuels might lead to global warming of around 4 ° C. Higher magnitudes of global warming would be more difficult to adapt to , and would increase the risk of negative impacts .

Global warming <=SEP=> Global warming , also referred to as climate change , is the observed century-scale rise in the average temperature of the Earth 's climate system and its related effects . Multiple lines of scientific evidence show that the climate system is warming . Many of the observed changes since the 1950s are unprecedented in the instrumental temperature record which extends back to the mid 19th century , and in paleoclimate proxy records over thousands of years .   In 2013 , the Intergovernmental Panel on Climate Change ( IPCC ) Fifth Assessment Report concluded that `` It is extremely likely that human influence has been the dominant cause of the observed warming since the mid-20th century . '' The largest human influence has been emission of greenhouse gases such as carbon dioxide , methane and nitrous oxide . Climate model projections summarized in the report indicated that during the 21st century the global surface temperature is likely to rise a further 0.3 to for their lowest emissions scenario and 2.6 to for the highest emissions scenario . These findings have been recognized by the national science academies of the major industrialized nations and are not disputed by any scientific body of national or international standing .   Future climate change and associated impacts will differ from region to region around the globe . Anticipated effects include warming global temperature , rising sea levels , changing precipitation , and expansion of deserts in the subtropics . Warming is expected to be greater over land than over the oceans and greatest in the Arctic , with the continuing retreat of glaciers , permafrost and sea ice . Other likely changes include more frequent extreme weather events including heat waves , droughts , heavy rainfall with floods and heavy snowfall ; ocean acidification ; and species extinctions due to shifting temperature regimes . Effects significant to humans include the threat to food security from decreasing crop yields and the abandonment of populated areas due to rising sea levels . Because the climate system has a large `` inertia '' and greenhouse gases will stay in the atmosphere for a long time , many of these effects will not only exist for decades or centuries , but will persist for tens of thousands of years .   Possible societal responses to global warming include mitigation by emissions reduction , adaptation to its effects , building systems resilient to its effects , and possible future climate engineering . Most countries are parties to the United Nations Framework Convention on Climate Change ( UNFCCC ) ,  whose ultimate objective is to prevent dangerous anthropogenic climate change . Parties to the UNFCCC have agreed that deep cuts in emissions are required and that global warming should be limited to well below 2.0 C-change relative to pre-industrial levels , with efforts made to limit warming to 1.5 C-change .   Public reactions to global warming and concern about its effects are also increasing . A global 2015 Pew Research Center report showed a median of 54 % consider it `` a very serious problem '' . There are significant regional differences , with Americans and Chinese ( whose economies are responsible for the greatest annual CO2 emissions ) among the least concerned .