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Rising seas will cost UK £120bn

Rising sea levels are forecast to cost the UK economy more than £120bn by the end of the century.

Dutch and Italian researchers have estimated the cost of future swelling seas, predicting that GDP in Britain and the European Union will be €872bn smaller in 2100 than in a counterfactual world without rising sea levels.

The researchers expect Britain be face a loss of €121bn, or 1.1% of GDP.

However, the study has also not factored in “tipping points” for glacier and ice sheet melting, which could lead to faster collapse and higher sea level rises.

The Times (£)

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