Rising seas are on the verge of swallowing two of Tuvalu’s nine islands, and the encroaching waves haunt locals’ dreams

Seascape: the state of our oceans ‘One day we’ll disappear’: Tuvalu’s sinking islands:  Islands in the Tuvalu archipelago Rising seas are on the verge of swallowing two of the tiny archipelago’s nine islands, and the encroaching waves haunt locals’ dreams by Eleanor Ainge Roy in Tuvalu; The Guardian, photographs by Sean Gallagher 16 May 2019 On the hottest days, Leitu Frank feels like she …

Indonesia announced it’s planning to move its capital out of Jakarta

Wired: Jakarta Is Sinking. Now Indonesia Has To Find A New Capital, by Matt Simon. BAY ISMOYO/AFP/GETTY IMAGES THIS WEEK, AMID devastating flooding, Indonesia announced it’s planning to move its capital out of Jakarta, which really is nothing new—the country’s first president was talking about it way back in 1957. Part of the problem is extreme congestion, but today the city of more than …

Flooding in Canada forces thousands of evacuations, in Nebraska $1 billion in ag costs

Arctic Expected to Soar 40 Degrees Above Normal This Weekend Climate Change Blamed as Flooding Forces Thousands to Evacuate in Canada Olivia Rosane Apr. 29, 2019  Flooding in four Canadian provinces has forced thousands of people to evacuate, and leaders across the country are blaming climate change. Communities in Manitoba, New Brunswick, Ontario and Quebec are all impacted and both Montreal and Ottawa …

Increasing catastrophes linked to climate change could triple losses on property investments over the next 30 years

Insurers Worry a Financial Crisis May Come From Climate Risks, by William Wilkes, Bloomberg.com, February 22, 2019 Property values may slump as global temperatures increase Record costs for disasters in 2017 and 2018 hit insurers Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a …

In December, 415 investors put out a statement warning that unabated climate change could cause $23 trillion in global economic destruction over the next 80 years.

The Next Financial Crisis Could Be Caused by Climate Change: After wildfires bankrupted a major utility, there’s concerns that more severe natural disasters will lead to economic devastation, Geoff Dembicki,VICE, Jan 27 2019 A bike docking station during 2017’s Hurricane Irma in Miami, one of many severe weather events that were likely made worse by climate change. Photo by Joe Raedle/Getty …

New Bangkok park is designed for a future of flooded cities

This new park is designed for a future of flooded cities: Bangkok’s Chulalongkorn Centennial Park can hold a million gallons of rainwater to help control the city’s increasing floods.  Fast Company, 22 Aug 2018   By ADELE PETERS Sitting on former swampland in a low-lying river delta, Bangkok has always flooded. In the 1800s, the majority of the population lived in floating homes and …

By century end, 2.5 million homes and businesses near the coasts will be at risk of flooding on a regular basis, 26 times a year or more

By ED LEEFELDT MONEYWATCH June 25, 2018, Rising sea levels may create “tipping points” for seaside towns After Superstorm Sandy devastated New Jersey in 2012, singer-songwriter Bruce Springsteen lamented that “the Jersey shore has always been a special place where if you had a few bucks you could own a beach house.” As shoreline communities from the San Francisco Bay to Miami Beach encounter ever higher-reaching …

Properties exposed to rising sea levels sell at a 7% discount to comparable properties not subject to climate-related risk

By David Morris, 21 Apr 2018, Fortune.com, Climate Change Is Already Depressing the Price of Flood-Prone Real Estate New research shows that real estate properties in areas affected by extreme weather and sea level rise are losing value relative to less exposed properties. The effects are already substantial, but they may point to a looming collapse as climate change makes coastal communities untenable. …