$442B Economic Loss by 2100: Sea Level Rise and Storm Surge Impact Victoria
newscatcher
2023-07-19 01:37
$442B Economic Loss by 2100: Sea Level Rise and Storm Surge Impact Victoria
By 2100, the impacts of sea level rise and storm surge are predicted to result in a $442 billion economic loss according to a study led by the University of Melbourne and commissioned by the Victorian Marine & Coastal Council and Life Saving Victoria. · Impacts on land and property along the Victorian coast are predicted to reach a loss of $337 billion, with a further loss of up to $105 billion for wetlands. · More than 80,000 existing residential, commercial, and industrial properties covering 45,000 hectares will be impacted.

https://www.miragenews.com/442b-economic-loss-by-2100-sea-level-rise-and-1049427/

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