The threat from rising seas is not only limited to Venice. Parts of asia that are located along coastlines will also be affected. this includes many capital cities in asia.
Even if something is done now to stabilise greenhouse gas emissions, reports say that sea levels will continue to rise beyond 2100 with ice-cliff instability on the antarctic.
deloitte points out in a report that asia accounts for over 50% of the world’s greenhouse gas emissions and large populations in asian cities are prone to the influence of rising sea levels, as most major cities are located along the coastlines. a rise in abnormal weather events expands the impact of a changing climate towards inland cities.
Moody’s Investors Service in a report says rising sea levels also pose a long-term credit threat.
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