Climate change threatens to cause trillions in damage to world's coasts, if coastal regions do not adapt to sea-level rise.
Coastal regions may face massive increases in damages from storm surge flooding over the course of the 21st century. According to a new study published in the Proceedings of the National Academy of Sciences, global average storm surge damages could increase from about 10-40 billion USD per year today to up to 100,000 billion USD per year by the end of century, if no adaptation action is taken.