Analyst Pin-board: Rising Water and Temperature Levels : A Threat To Economic Stability?
In its recent “Global Risks Report 2020” published January 16, the rating agency Moody’s highlighted the repercussions on economic and social stability due to rising water levels and global warming. Certain countries are deemed more vulnerable, including Egypt, Vietnam and Surinam. As sea levels will probably rise by one to three meters by 2100, storms and floods will become more frequent, affecting the ecology of many countries. Developed economies like the Netherlands and Japan are better prepared than less developed countries to respond to these challenges.
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