Research on the Driving Forces and Improvement Strategies of the Global Financial System Transformation: Based on the Dual Pressures of Emerging Economies and Climate Change

Abstract

Climate change poses significant challenges to global economies, with developing and emerging markets particularly vulnerable. This paper delves into the economic impacts on key sectors such as agriculture, manufacturing, and services, with a special focus on Sub-Saharan Africa, a region highly exposed to climate risks. The research also explores the socioeconomic disparities in health outcomes and the unequal participation in carbon reduction efforts, emphasizing the urgent need for equitable climate policies that ensure fair participation and benefits across different social groups. The study further addresses critical issues in water management, especially in data-scarce regions, where the lack of reliable information hampers effective resource allocation and policy-making. Additionally, the paper analyzes corporate responses to economic policy uncertainty in China, investigating how businesses adapt to both environmental and regulatory changes. Based on these findings, the research proposes practical solutions aimed at promoting equitable climate participation, improving water management systems, and enhancing corporate responsibility towards sustainability. This paper contributes to the development of more inclusive and resilient climate strategies, offering insights that are not only essential for policymakers but also for businesses seeking to navigate the growing challenges posed by climate change.