{"id":6622,"date":"2021-06-24T10:00:00","date_gmt":"2021-06-24T02:00:00","guid":{"rendered":"https:\/\/www.greenpeace.org\/eastasia\/?p=6622"},"modified":"2021-06-24T09:53:18","modified_gmt":"2021-06-24T01:53:18","slug":"sea-level-rise-poses-economic-threat-to-asia-coastal-cities","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/eastasia\/press\/6622\/sea-level-rise-poses-economic-threat-to-asia-coastal-cities\/","title":{"rendered":"Sea Level Rise Poses Economic Threat to Asia Coastal Cities"},"content":{"rendered":"\n

Seoul, 24 June, 2021 – An estimated US$724 billion in GDP will be exposed to the risk of extreme sea-level rise and coastal flooding in seven major cities in Asia by 2030, according to a new report<\/a> from Greenpeace East Asia. [1] [2]

\u201cWithin this decade, coastal cities in Asia are at high risk from rising sea levels and intensifying storms, impacting our homes, safety and livelihoods. Not only is it long past time to halt the construction of all fossil fuel projects, but governments must implement increased flood control and early warnings. Existing climate commitments, including nationally determined contribution targets, are insufficient to avert the risk of severe coastal flooding,\u201d said Mikyoung Kim, climate urgency project manager at Greenpeace East Asia.

The report estimates that by 2030, 15 million people across the seven cities will live in areas at risk of flooding. The analysis is one of the first of its kind to use high spatial resolution data to suggest the areas of each city that are at risk from floods.

Report findings:
– More than 96% of Bangkok<\/strong>\u2019s land area could be flooded should a 10-year flood occur in 2030, including high density residential and commercial areas in the city center. [3]
– Jakarta<\/strong> faces a dual threat from both sea level rise and sinking. Almost 17% of Jakarta\u2019s total land area is below the level to which sea water could rise should a 10-year flood occur in 2030, leading to a potential GDP risk of US$68 billion.
– Low-lying areas in eastern Tokyo,<\/strong> including the Koto 5 Wards (Sumida, Koto, Adachi, Katsushika and Edogawa), are particularly vulnerable to rising sea levels. US$68 billion in GDP is at risk from coastal flooding in Tokyo in 2030, or 7% of Tokyo\u2019s total GDP.
– In Taipei<\/strong>, Taipei Main Station, the most significant transport hub in northern Taiwan, is at risk of flooding, as is the historic Datong District. An estimated 24% of Taipei\u2019s total GDP could potentially be affected.
– Almost 87% of Manila<\/strong>\u2019s land area is below the level to which sea water could rise, should a 10-year flood occur in 2030. Up to 1.54 million people and a total of US$39 billion could be affected.

\u201cGovernments must immediately cancel all new coal-fired power plants in the pipeline and speed up the shift to clean and renewable energy. At the same time, the climate emergency is already here, and we need to strengthen disaster management planning and our response to climate impacts. Huge swaths of our cities are at risk of being inundated by floods, and we can\u2019t afford to wait,\u201d said Kim.<\/p>\n\n

ENDS<\/p>\n\n

Notes:<\/strong>

Press Briefing is available here<\/a>. Report is available here<\/a>.

[1] Gridded global datasets for GDP (PPP) are provided by Dr. Matti Kummu, Aalto University, Finland.

[2] Researchers selected seven Asian cities that are both economic centers and are located on or near the coast to analyze the impact of extreme coastal flooding in 2030 under a business-as-usual (BAU) carbon-emission scenario, also called the RCP8.5 scenario. Sea-level rise projections from Climate Central<\/a> were combined with population and GDP data to calculate the risk of sea-level rise and coastal flooding.

[3] In this report, a \u2018ten-year flood\u2019 is a coastal flooding event that is caused by storm surges and high tides. The flood’s height above sea level has a 10% annual chance of being exceeded.<\/p>\n\n

Contacts:<\/strong>

Erin Newport, International Communications Officer, Greenpeace East Asia: +886 958\u200b 026 791, erin.newport@greenpeace.org<\/a><\/p>\n\n

Greenpeace International Press Desk, pressdesk.int@greenpeace.org, +31 (0) 20 718 2470 (available 24 hours)


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