Negative economy-wide effects of coastal flooding have already been predicted up to 2050 but could increase considerably towards the end of the century without further measures to mitigate climate change,
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If the 2°C warming limit set by the Paris Agreement is exceeded, flooding from rising sea levels could cost the global economy $14 trillion every year by 2100, a new
Ice is melting in Antarctica at a faster rate than ever before and speeding up sea level rise, scientists have warned. Unless urgent action is taken, coastal areas around the