Cracks in the dry bed of the Stevens Creek Reservoir in Cupertino, Calif.
Credit: Marcio Jose Sanchez/AP

Climate Change will have dramatic effects on global wealth and where it will move, causing likely global destabilization; it is going have a huge effect on the way we live. Many studies have shown that critical natural resources, including fish stocks, are moving poleward as the planet warms. A new Yale-led study says that these biophysical changes are also moving global wealth in unpredictable, and potentially destabilizing, ways.

On its surface, these biophysical movements will shift resources from communities and nations closer to the equator into places closer to the poles. In many cases this would seem to exacerbate inequalities between richer and poorer communities according to a report at Yale about the study.

But writing in the journal Nature Climate Change, the researchers suggest that the impacts on net global wealth may not be that straightforward. […]