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USA: Virginia city is re-framing sea-level rise as an opportunity

Source(s): Public Radio International
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By Carolyn Beeler

Adaptation and mitigation will cost the world billions, maybe trillions, of dollars. It’ll be a massive hit to the global economy.

But at least some of that cost is also an economic opportunity, and everyone from snow-machine makers to agribusinesses are angling to make money off of climate change.

Add to that list the city of Norfolk, Virginia.

Norfolk businesses, universities, and even the local government itself in the low-lying coastal city are trying to re-frame the risk of sea-level rise as an opportunity. 

Read the original story here

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Hazards Flood
Themes Insurance and risk transfer Economics of DRR
Country and region United States of America

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