Zürcher Nachrichten - Climate change, population threaten 'staggering' US flood losses by 2050

EUR -
AED 3.824989
AFN 71.402285
ALL 97.627614
AMD 406.436125
ANG 1.885525
AOA 951.312422
ARS 1045.555022
AUD 1.601982
AWG 1.877095
AZN 1.792548
BAM 1.944948
BBD 2.112314
BDT 125.022417
BGN 1.95415
BHD 0.392523
BIF 3090.415867
BMD 1.041384
BND 1.405883
BOB 7.228735
BRL 6.044613
BSD 1.046163
BTN 88.392
BWP 14.28265
BYN 3.423796
BYR 20411.134706
BZD 2.108833
CAD 1.457595
CDF 2988.773459
CHF 0.925666
CLF 0.036821
CLP 1015.74547
CNY 7.547747
CNH 7.560467
COP 4570.896582
CRC 531.832553
CUC 1.041384
CUP 27.596687
CVE 109.654219
CZK 25.355594
DJF 186.300506
DKK 7.457947
DOP 63.038268
DZD 139.856872
EGP 51.722338
ERN 15.620766
ETB 130.374134
FJD 2.369514
FKP 0.821982
GBP 0.832337
GEL 2.83779
GGP 0.821982
GHS 16.634346
GIP 0.821982
GMD 73.938043
GNF 9017.770456
GTQ 8.076016
GYD 218.88082
HKD 8.106803
HNL 26.437866
HRK 7.428465
HTG 137.356236
HUF 410.848543
IDR 16577.798642
ILS 3.868967
IMP 0.821982
INR 87.938151
IQD 1370.572407
IRR 43847.491348
ISK 145.460334
JEP 0.821982
JMD 166.150118
JOD 0.73844
JPY 160.751742
KES 134.855838
KGS 90.075475
KHR 4219.537432
KMF 489.086083
KPW 937.245587
KRW 1464.275008
KWD 0.320534
KYD 0.871848
KZT 518.822617
LAK 22916.13564
LBP 93689.742622
LKR 304.391597
LRD 188.840865
LSL 18.930456
LTL 3.074937
LVL 0.629923
LYD 5.110485
MAD 10.46312
MDL 19.050703
MGA 4898.784029
MKD 61.522855
MMK 3382.375986
MNT 3538.624216
MOP 8.387422
MRU 41.607245
MUR 48.78866
MVR 16.089607
MWK 1814.121361
MXN 21.290157
MYR 4.652385
MZN 66.542097
NAD 18.930547
NGN 1761.064649
NIO 38.291823
NOK 11.553218
NPR 141.426922
NZD 1.783773
OMR 0.400907
PAB 1.046163
PEN 3.973927
PGK 4.211541
PHP 61.381801
PKR 290.794744
PLN 4.336537
PYG 8211.184342
QAR 3.814254
RON 4.975319
RSD 117.003721
RUB 107.225744
RWF 1437.513665
SAR 3.909599
SBD 8.715887
SCR 14.183524
SDG 626.39872
SEK 11.548105
SGD 1.403286
SHP 0.821982
SLE 23.519696
SLL 21837.315606
SOS 597.889811
SRD 36.870228
STD 21554.555025
SVC 9.154055
SYP 2616.509459
SZL 18.938783
THB 35.940782
TJS 11.142091
TMT 3.655259
TND 3.309764
TOP 2.439029
TRY 35.987528
TTD 7.101478
TWD 33.93278
TZS 2767.332256
UAH 43.193134
UGX 3865.469096
USD 1.041384
UYU 44.582103
UZS 13386.996842
VES 48.187714
VND 26482.405897
VUV 123.635251
WST 2.907119
XAF 652.332861
XAG 0.033321
XAU 0.000386
XCD 2.814394
XDR 0.798066
XOF 652.317288
XPF 119.331742
YER 260.243298
ZAR 18.792105
ZMK 9373.707307
ZMW 28.849032
ZWL 335.32536
  • CMSD

    0.1850

    24.445

    +0.76%

  • RBGPF

    59.6900

    59.69

    +100%

  • CMSC

    0.1200

    24.64

    +0.49%

  • RYCEF

    0.1800

    6.79

    +2.65%

  • BCC

    2.9500

    140.36

    +2.1%

  • SCS

    -0.0300

    13.04

    -0.23%

  • RIO

    0.1800

    62.57

    +0.29%

  • NGG

    -0.1700

    63.1

    -0.27%

  • VOD

    -0.1000

    8.84

    -1.13%

  • GSK

    0.3500

    33.7

    +1.04%

  • JRI

    0.0000

    13.23

    0%

  • RELX

    0.6500

    45.76

    +1.42%

  • BTI

    -0.1000

    36.98

    -0.27%

  • BP

    0.4400

    29.52

    +1.49%

  • BCE

    -0.3200

    26.68

    -1.2%

  • AZN

    1.0600

    64.26

    +1.65%

Climate change, population threaten 'staggering' US flood losses by 2050
Climate change, population threaten 'staggering' US flood losses by 2050

Climate change, population threaten 'staggering' US flood losses by 2050

Climate change is on track to ramp up the annual cost of US flood damage more than 25 percent by 2050, according to new research Monday that warns disadvantaged communities will likely bear the brunt of the financial burden.

Text size:

The study published in the journal Nature Climate Change used new flood models to map out the present and future impact of sea level rise, tropical cyclones and changing weather patterns.

Losses include destruction projected to hit homes and businesses. Researchers warned that even more people are expected to move into areas at growing risk of inundation.

"Climate change combined with shifting populations present a double whammy of flood risk danger and the financial implications are staggering," said lead author Oliver Wing, of the University of Bath's Cabot Institute for the Environment.

Wing said the findings should be a "call to action" for both a reduction in emissions and efforts to adapt to accelerating climate risks "to reduce the devastating financial impact flooding wreaks on people's lives."

Researchers used nationwide property asset data, information on communities and flood projections to estimate flood risk across the US.

The study showed that poorer communities with a proportionally larger white population currently face the steepest losses.

But future growth in flood risk is expected to have a greater impact on African American communities on the Atlantic and Gulf coasts.

"The mapping clearly indicates Black communities will be disproportionately affected in a warming world, in addition to the poorer White communities which predominantly bear the historical risk," said Wing.

"Both of these findings are of significant concern."

- 'Unacceptable' risks -

Average annual flood losses were forecast to increase by 26.4 percent, from $32 billion currently, to $40.6 billion in 2050, based on 2021 dollar values.

The researchers said these figures are "essentially locked in climatically", meaning that even if emissions fall dramatically they would still be the same.

They also warned that expanding populations in the US would also significantly increase the flood risk, eclipsing even the impact of climate change.

With inundations expected to intensify in areas where populations are also increasing, the researchers said average annual exposure of the US population to floods is expected to grow to more than seven million by 2050, a 97-percent increase from current levels.

It said increases in climate-enhanced exposure was particularly concentrated along the US East Coast, with existing Texas and Florida residents seeing a roughly 50-percent increase in flood exposure by 2050.

In terms of increased flood risk due to population growth, the researchers highlighted intensified development on existing floodplains, which they said was "relatively severe in the currently sparsely populated central Prairie States and the Deep South".

The study said even developments currently considered low risk may be in areas expected to see a heightened flood risk in the coming decades.

"Current flood risk in western society is already unacceptably high, yet climate and population change threaten to inflate these losses significantly," said co-author Paul Bates, a professor of hydrology at the Cabot Institute for the Environment.

"The relatively short timescales over which this increase will take place mean we cannot rely on decarbonisation to reduce the risk so we have to adapt better, both to the situation now and for the future."

N.Fischer--NZN