To illustrate my point, the 2006 drought in Australia decimated wheat production by up to 60%. Experts predict that the effects of global warming will not only place additional pressures global food production but also threaten global harmony, such as by rising sea levels due to the melting polar caps, changes in sea currents and worsening droughts in many countries.
In 2005 the overall investment cost was estimated at € million at 2005 constant prices. It is anticipated that increases in the price of construction materials and construction activities from 2005 until the completion of the project in 2014 will lead to a € million increase in the overall investment cost.