Rising Sea Levels Pose Increasing Credit Risks for Many U.S. Coastal States and Investors in Their Bonds – Forbes
Credit: Jeffrey Greenberg/Universal Images Group Via Getty Images.
Article Synopsis – According to a new Moody’s Investors Services report, sea level rise threatens coastal municipalities and those that invest in their bonds. “Over the next several decades, states and municipalities will need increased investment in adaptation and coordinated government responses will become essential for federal, state and local governments to more effectively respond to sea level rise.” To read the actual article click here.