scholarly journals Evaluating the Economic Cost of Coastal Flooding

2021 ◽  
Vol 13 (2) ◽  
pp. 444-486
Author(s):  
Klaus Desmet ◽  
Robert E. Kopp ◽  
Scott A. Kulp ◽  
Dávid Krisztián Nagy ◽  
Michael Oppenheimer ◽  
...  

Sea level rise will cause spatial shifts in economic activity over the next 200 years. Using a spatially disaggregated, dynamic model of the world economy, this paper estimates the consequences of probabilistic projections of local sea level changes. Under an intermediate scenario of greenhouse gas emissions, permanent flooding is projected to reduce global real GDP by 0.19 percent in present value terms. By the year 2200, a projected 1.46 percent of the population will be displaced. Losses in coastal localities are much larger. When ignoring the dynamic response of investment and migration, the loss in real GDP in 2200 increases from 0.11 percent to 4.5 percent. (JEL E23, F01, Q54, Q56)

2021 ◽  
Author(s):  
Alessio Rovere ◽  
Deirdre Ryan ◽  
Matteo Vacchi ◽  
Alexander Simms ◽  
Andrea Dutton ◽  
...  

<p>The standardization of geological data, and their compilation into geodatabases, is essential to allow more coherent regional and global analyses. In sea-level studies, the compilation of databases containing details on geological paleo sea-level proxies has been the subject of decades of work. This was largely spearheaded by the community working on Holocene timescales. While several attempts were also made to compile data from older interglacials, a truly comprehensive approach was missing. Here, we present the ongoing efforts directed to create the World Atlas of Last Interglacial Shorelines (WALIS), a project spearheaded by the PALSEA (PAGES/INQUA) community and funded by the European Research Council (ERC StG 802414). The project aims at building a sea-level database centered on the Last Interglacial (Marine Isotope Stage 5e, 125 ka), a period of time considered as an "imperfect analog" for a future warmer climate. The database is composed of 17 tables embedded into a mySQL framework with a total of more than 500 single fields to describe several properties related to paleo sea-level proxies, dated samples and metadata. In this presentation, we will show the first results of the global compilation, which includes nearly 2000 data points and will discuss its relevance in answering some of the most pressing questions related to sea-level changes in past warmer worlds. </p>


Science ◽  
2002 ◽  
Vol 297 (5580) ◽  
pp. 350-351 ◽  
Author(s):  
M. F. Meier

Subject Imminent recession fears may be misplaced. Significance The worrisome factors putting the world economy at risk do not make recession inevitable by 2020-21. Sentiment is being buffeted and heavily depressed by febrile global governance and trade, as well as unusual economic tensions and volatility. However, a true global recession requires a synchronised shock to the world economy to affect most of the key economies and sectors. Whatever cyclical analysis suggests, especially for the United States, such large global events have no fixed timetable. Impacts Each part of the global economy moves at its own varying pace, so it will take a severe and as yet unseen provocation to drive recession. A relatively unusual convergence of negative factors across key regions and sectors would be needed to generate a 2008-style crash. A sharp decline in world trade could trigger such a crash, but this might have little visible impact on official measures of real GDP.


1994 ◽  
Vol 81 (2) ◽  
pp. 696
Author(s):  
Donald T. Critchlow ◽  
Camille Guerin-Gonzales ◽  
Carl Strikwerda

2009 ◽  
Vol 2009 ◽  
pp. 1-17
Author(s):  
M. S. Baptista ◽  
L. A. Conti

We show some evidences that the Southeastern Brazilian Continental Shelf (SBCS) has a devil's staircase structure, with a sequence of scarps and terraces with widths that obey fractal formation rules. Since the formation of these features is linked with the sea-level variations, we say that the sea level changes in an organized pulsating way. Although the proposed approach was applied in a particular region of the Earth, it is suitable to be applied in an integrated way to other shelves around the world, since the analyses favor the revelation of the global sea-level variations.


Author(s):  
AbidaShamim Qureshi

The whole world is on the terrifying cross-roads of global environmental threat. Last several years, particularly the last two years dominated the headlines about the serious threat climate change posed to the world. The more frequent severe weather conditions which result from climate change or global warming in the form of storms, tornadoes, tsunamis, floods, droughts, rising sea level and such other catastrophes have raised the economic cost of the natural disasters. The result, it appears, is beyond our control and, perhaps, there is no immediate answer to it.


2018 ◽  
Author(s):  
Joseph T. Kelley ◽  
◽  
Andrew Cooper ◽  
Ruth Plets ◽  
Daniel F. Belknap

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