The $28 Trillion Question

A new report prepared for the insurance industry says that the rise of sea levels could cost port cities $28 trillion by 2050.
November 25, 2009, 11am PST | Alek Miller
Share Tweet LinkedIn Email Comments

"The value of infrastructure exposed in so-called 'port mega-cities,' urban conurbations with more than 10 million people, is just $3 trillion at present.

The rise in potential losses would be a result of expected greater urbanization and increased exposure of this greater population to catastrophic surge events occurring once every 100 years caused by rising sea levels and higher temperatures."

Full Story:
Published on Monday, November 23, 2009 in
Share Tweet LinkedIn Email