Global Warming refers to an increase in the near surface temperature of the Earth. Global warming has occurred in the distant past as the result of natural influences, but the term is most often used to refer to the warming predicted to occur as a result of increased emissions of greenhouse gases.

First, it will raise sea levels. There are 5,773,000 cubic miles of water in ice caps, glaciers, and permanent snow. According to the National Snow and Ice Data Center, if all glaciers melted today the seas would rise about 230 feet. Luckily, that’s not going to happen all in one go! But sea levels will rise.
Second, melting ice caps will throw the global ecosystem out of balance. The ice caps are fresh water, and when they melt they will desalinate the ocean, or in plain English - make it less salty. The desalinization of the gulf current will “screw up” ocean currents, which regulate temperatures. The stream shutdown or irregularity would cool the area around north-east America and Western Europe. Luckily, that will slow some of the other effects of global warming in that area!
Third, temperature rises and changing landscapes in the Arctic circle will endanger several species of animals. Only the most adaptable will survive.
Fourth, global warming could snowball with the ice caps gone. Ice caps are white, and reflect sunlight, much of which is reflected back into space, further cooling Earth. If the ice caps melt, the only reflector is the ocean. Darker colors absorb sunlight, further warming the Earth.

Roads, airport runways, railway lines and pipelines, (including oil pipelines, sewers, water mains etc) may require increased maintenance and renewal as they become subject to greater temperature variation. Regions already adversely affected include areas of permafrost, which are subject to high levels of subsidence, resulting in buckling roads, sunken foundations, and severely cracked runways.Economic effects on agriculture include, Recent evidence is that global yields will be negatively affected. "Rising atmospheric temperatures, longer droughts and side-effects of both, such as higher levels of ground-level ozone gas, are likely to bring about a substantial reduction in crop yields in the coming decades, large-scale experiments have shown”. Africa however will be most affected, both because its geography makes it particularly vulnerable, and because seventy per cent of the population relies on rain-fed agriculture for their livelihoods


Increased evaporation. Scientists have found evidence that increased evaporation could result in more extreme weather as global warming progresses. The IPCC Third Annual Report says: "...global average water vapor concentration and precipitation are projected to increase during the 21st century. By the second half of the 21st century, it is likely that precipitation will have increased over northern mid- to high latitudes and Antarctica in winter. At low latitudes there are both regional increases and decreases over land areas. Larger year to year variations in precipitation are very likely over most areas where an increase in mean precipitation is projected
Cost of more extreme weather. It's predicted that each 1% increase in annual precipitation would enlarge the cost of catastrophic storms by 2.8%.The Association of British Insurers has stated that limiting carbon emissions would avoid 80% of the projected additional annual cost of tropical cyclones by the 2080s. The cost is also increasing partly because of building in exposed areas such as coasts and floodplains. The ABI claims that reduction of the vulnerability to some inevitable effects of climate change, for example through more resilient buildings and improved flood defenses, could also result in considerable cost-savings in the long-term.
Destabilization of local climates. In the northern hemisphere, the southern part of the Arctic region (home to 4,000,000 people) has experienced a temperature rise of 1 °C to 3 °C (1.8 °F to 5.4 °F) over the last 50 years. Canada, Alaska and Russia are experiencing initial melting of permafrost. This may disrupt ecosystems and by increasing bacterial activity in the soil lead to these areas becoming carbon sources instead of carbon sinks.A study (published in Science) of changes to eastern Siberia's permafrost suggests that it is gradually disappearing in the southern regions, leading to the loss of nearly 11% of Siberia's nearly 11,000 lakes since 1971.At the same time, western Siberia is at the initial stage where melting permafrost is creating new lakes, which will eventually start disappearing as in the east. Furthermore, permafrost melting will eventually cause methane release from melting permafrost peat bogs.
Hurricanes were thought to be an entirely North Atlantic phenomenon. In late March 2004, the first Atlantic cyclone to form south of the equator hit Brazil with 40 m/s (144 km/h) winds, although some Brazilian meteorologists deny that it was a hurricane.Monitoring systems may have to be extended 1,600 km (1,000 miles) further south. There is no agreement as to whether this hurricane is linked to climate change,but at least one climate model exhibits increased tropical cyclone genesis in the South Atlantic under global warming by the end of the 21st century.
Temperature rise. From 1961 to 2003, the global ocean temperature has risen by 0.10°C from the surface to a depth of 700 m. There is variability both year-to-year and over longer time scales, with global ocean heat content observations showing high rates of warming for 1991 to 2003, but some cooling from 2003 to 2007.The temperature of the Antarctic Southern Ocean rose by 0.17 °C (0.31 °F) between the 1950s and the 1980s, nearly twice the rate for the world's oceans as a whole. As well as having effects on ecosystems (e.g. by melting sea ice, affecting algae that grow on its underside), warming reduces the ocean's ability to absorb CO2. Increased temperatures are likely to lead to increased forest fires.

Migration. Some Pacific Ocean island nations, such as Tuvalu, are concerned about the possibility of an eventual evacuation, as flood defense may become economically unviable for them. Tuvalu already has an ad hoc agreement with New Zealand to allow phased relocation.[110]
In the 1990s a variety of estimates placed the number of environmental refugees at around 25 million. (Environmental refugees are not included in the official definition of refugees, which only includes migrants fleeing persecution.) The Intergovernmental Panel on Climate Change (IPCC), which advises the world’s governments under the auspices of the UN, estimated that 150 million environmental refugees will exist in the year 2050, due mainly to the effects of coastal flooding, shoreline erosion and agricultural disruption (150 million means 1.5% of 2050’s predicted 10 billion world population).
Children. On 2008-04-29, a UNICEF UK Report found that global warming is already reducing the quality of the world's most vulnerable children's lives and making it more difficult to meet the UN Millennium Development Goals. Global warming will reduce access to clean water and food supplies, particularly in Africa and Asia. Disasters, violence and disease are expected to be more frequent and intense, making the future of the world's poorest children more bleak.
In the 1990s a variety of estimates placed the number of environmental refugees at around 25 million. (Environmental refugees are not included in the official definition of refugees, which only includes migrants fleeing persecution.) The Intergovernmental Panel on Climate Change (IPCC), which advises the world’s governments under the auspices of the UN, estimated that 150 million environmental refugees will exist in the year 2050, due mainly to the effects of coastal flooding, shoreline erosion and agricultural disruption (150 million means 1.5% of 2050’s predicted 10 billion world population).
Children. On 2008-04-29, a UNICEF UK Report found that global warming is already reducing the quality of the world's most vulnerable children's lives and making it more difficult to meet the UN Millennium Development Goals. Global warming will reduce access to clean water and food supplies, particularly in Africa and Asia. Disasters, violence and disease are expected to be more frequent and intense, making the future of the world's poorest children more bleak.
It is important to note that there are several effects of global warming apart from the ones i have given above
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