New WRI geospatial analysis finds that the number of people affected by river and coastal floods worldwide will double by 2030, while urban property damaged by coastal storm surges and sea level rise will increase tenfold to $177 billion per year. Flood risk is increasing dramatically due to heavier rains and storms fueled by climate change, socioeconomic factors such as population growth and increased development near coasts and rivers, and land subsidence driven by overdrawing groundwater. But much of the damage can be avoided with better planning and well-placed flood protection. Investing in flood protection saves lives, creates jobs, and helps
economies grow. Samantha Kuzma and Tianyi Luo show how WRI’s new Aqueduct Floods can guide these high-return investments. Read More.