Coastal communities could see their property values plummet as catastrophe-prone areas spur billions of dollars in losses — and have private insurance companies scaling back or leaving certain markets altogether, a new report warns.
Tag: coastal communities
Toxic Chemicals from Rising Groundwater Threaten Coastal Communities
A little-known climate threat lurks under our feet: rising groundwater that could release toxic chemicals from more than 132,000 contaminated sites in coastal areas of the US.
Rising Sea Levels Inundating Coastal Economies Four Times Faster
The economic impacts of rising sea levels will be felt four times faster by people living in some of the world’s biggest coastal cities, which are sinking beneath their own weight into manmade cavities created below the surface. The scientific assessment published Monday in Nature Climate Change is the second in a month to show… Continue reading Rising Sea Levels Inundating Coastal Economies Four Times Faster