Threat to Infrastructure Means Businesses Must Prepare to Navigate Rising Seas
Businesses that don’t build resilience to rising sea levels will get soaked.
The old adage that a rising tide lifts all boats doesn’t hold water in the era of climate change.
Sea levels rose almost twice as high between 1993 and 2010 as in the previous century, according to the Intergovernmental Panel on Climate Change, which predicts an increase of 0.93 meters by 2100. However, a study published in May 2019 projects the actual sea level rise could exceed 2 meters by 2100.
Either projection puts millions of people in jeopardy and raises the specter of social and economic tumult.