An impressive variety of recent observations which include luminosity evolu
tions of high redshift supernovae strongly suggest that the cosmological co
nstant (Lambda) is not zero. Even though the Lambda-term may dominate cosmi
c dynamics at the present epoch, such a value for the vacuum energy is actu
ally unnaturally small. The difficulties in finding a suitable explanation
(based on fundamental physics) for such a small residual value for the cosm
ological term has led several authors to resort to an anthropic explanation
for its existence. Here we present a few examples which invoke phase trans
itions in the early universe involving strong or electroweak interactions t
o show how the cosmical term of the correct observed magnitude can arise fr
om fundamental physics involving gravity.