In Light of Climate Change Threat: Does Increased Funding of Meteorological Services Offer a Solution? An Accounting Perspective

Abstract

This study explores the interplay between climate change, land degradation, and the potential of increased funding for meteorological services to enhance global climate resilience, framed within an accounting perspective. Land degradation due to climate change has far-reaching ecological and economic implications. This research investigates the relationship between monetary investments in meteorological services and their efficacy in predicting and mitigating climate-related hazards. Employing a comprehensive methodology, the study analyses existing literature, gather data from national meteorological agencies and uses quantitative research methods to assess the impact of funding on meteorological services. The findings bear implications for policymakers, offering insights into the benefits of heightened financing for meteorological infrastructure. By providing an innovative examination of climate change through the accounting lens and addressing a crucial gap in knowledge, this study contributes to the discourse on climate resilience and sustainable practices, advocating for a more resilient future.