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Flood damage costs under the sea level rise with warming of 1.5 °C and 2 °C

Abstract:

We estimate a median global sea level rise up to 52 cm (25–87 cm, 5th–95th percentile) and up to 63 cm (27−112 cm, 5th—95th percentile) for a temperature rise of 1.5 ◦C and 2.0◦C by 2100 respectively.We also estimate global annual flood costs under these scenarios and find the difference of 11 cm global sea level rise in 2100 could result in additional losses of US$ 1.4 trillion per year (0.25% of global GDP) if no additional adaptation is assumed from the modelled adaptation in the base year...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Role:
Author
ORCID:
0000-0001-6834-8255
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Name:
Seventh Framework Programme
Grant:
603396
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Name:
Natural Environment Research Council
Grant:
NE/P01517/1
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Name:
German Federal Ministry of Education and Research
Publisher:
Institute of Physics
Journal:
Environmental Research Letters More from this journal
Volume:
13
Pages:
074014
Publication date:
2018-07-04
Acceptance date:
2018-06-14
DOI:
EISSN:
1748-9326
Pubs id:
pubs:870514
UUID:
uuid:ce75a116-8bde-49ad-840c-d50f7835b671
Local pid:
pubs:870514
Source identifiers:
870514
Deposit date:
2018-07-16

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