Rising Sea Levels Could Cost the World $14 Trillion a Year by 2100 – Science Daily
Credit: © Pavel Chernobrivets / Fotolia.
Article Synopsis – New research has “warned that failure to meet the United Nations’ 2ºC warming limits will lead to increased sea level rise and dire global economic consequences. The study found that flooding from rising sea levels could cost $14 trillion worldwide annually by 2100, if the target of holding global temperatures below 2ºC above pre-industrial levels is missed. The researchers also found that upper-middle income countries such as China would see the largest increase in flood costs, whereas the highest income countries would suffer the least, thanks to existing high levels of protection infrastructure”. To read the actual article click here.