Geneva (AFP) Nov 23, 2009
Flooding in the world's major port cities caused by melting icecaps could cause up to 28 trillion dollars (18 trillion euros) in damage in 2050, environmental group WWF said in a report Monday.
"If the temperature rises between 0.5 and 2 degrees (Celsius) between now and 2050, it's possible that the sea level would progress by half a metre (nearly two feet) bringing major financial damage," Ulrike Saul, in charge of climate and energy for WWF Switzerland, told AFP.
Such a rise in the sea level would cause up to 28 trillion dollars in damage in the world's 136 biggest port cities, according to the study in which German insurance company Allianz took part.
Saul warned: "If the current climate protection policies do not change, it is more probable that we will register a rise of 2 degrees in 2050."
The northeast coast of the United States could see a rise in sea levels 15 centimetres higher than the world average, the study said.
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Beyond the Ice Age
Antarctic ice loss vaster, faster than thought: study
Paris (AFP) Nov 22, 2009
The East Antarctic icesheet, once seen as largely unaffected by global warming, has lost billions of tonnes of ice since 2006 and could boost sea levels in the future, according to a new study. Published Sunday in Nature Geoscience, the same study shows that the smaller but less stable West Antarctic icesheet is also shedding significant mass. Scientists worry that rising global ... read more
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