JavaScript Miami is projected to have the world's highest coastal flood risk by the 2070s, with property and infrastructure exposed assets increasing from $400 billion today to more than $3.5 trillion, according to a new study.
The findings, part of an international outlook for coastal flooding, were in a report by the Paris-based Organisation for Economic Co-operation and Development and jointly authored by Newark, Calif.-based Risk Management Solutions (RMS) modeling group and academic groups.
According to the study, as a result of climate change and urban development, up to 150 million people in the world's major cities could be reliant on flood defenses by 2070–more than three times the 40 million people today.
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