“In terms of life on Earth and the direct impact of a reversal on our species we cannot definitively predict what will happen as modern humans did not exist at the time of the last full reversal. Several studies have tried to link past reversals with mass extinctions – suggesting some reversals and episodes of extended volcanism could be driven by a common cause. However, there is no evidence of any impending cataclysmic volcanism and so we would only likely have to contend with the electromagnetic impact if the field does reverse relatively soon.
We do know that many animal species have some form of magnetoreception that enables them to sense the Earth’s magnetic field. They may use this to assist in long-distance navigation during migration. “