PIK PR: When sea levels rise, damage costs rise even faster

PIK PR: When sea levels rise, damage costs rise even faster

Check out our Flood Risk Snapshot, saving looming costs, get in the know in just 45 minutes. For a more complex look enjoy the following article from the Potsdam Institute for Climate Impact Research (PIK) this morning:
“A large share of the world population lives in coastal regions,” says Jürgen Kropp, director of the RAMSES project. “In the light of limited funds for adaptation it is an asset to provide comparable cost assessments. While mitigation remains of vital importance to keep climate impacts on a still manageable scale, an adaptation perspective can help to limit damage costs in the right places.”
Article: Boettle, M., Rybski, D., Kropp, J.P. (2016): Quantifying the effect of sea level rise and flood defence – a point process perspective on coastal flood damage. Nat.Hazards Earth Syst. Sci., 16, 1‐18. [DOI:10.5194/nhess-16-559-2016]
Weblink to the article: www.nat-hazards-earth-syst-sci.net/16/559/2016/