as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
summarize the following paragraph: 

"the effects of climate change are wide-reaching and have been affecting the environment for decades. every year, the changes become more noticeable and more pronounced, leading to a heightened risk of droughts, floods, extreme temperatures and weather-related disasters."
user
climate change is having increasingly serious effects on the environment, including an increased risk of droughts, floods, extreme temperatures and weather-related disasters.
assistant