CWR Launches Reports on Sea Level Rise in Asia
CWR, an initiative of ADM Capital Foundation, released a series of “survival guides” to avoid Atlantis in its “CWR Coastal Capital Threat Series”. The reports benchmark risks for 20 coastal capitals and economic hubs in APAC from Tokyo to Sydney and show that urban real estate equivalent to 59 Singapores will be underwater without serious adaptation measures if we continue with business-as-usual. And that’s just for 20 coastal cities.
The five reports include an overview of the latest science on rising seas; a ground-breaking CWR APACCT 20 Index to benchmark risks; physical threats levels of 20 APAC cities; what governments are or are not doing to protect from existential threats; analyses of sovereign and clustered financial risks from GDP and trade to bank loans; as well as next steps and to-do lists for multiple stakeholders to waterproof APAC.