Rising sea levels and subsidence due to ground water pumping, coupled with increasing populations and economic growth in coastal cities, is expected to lead to a greater proportion of people living in low lying regions which will result in higher annual losses from flooding. A Nature Climate Change article, published recently, has estimated the average annual losses from flooding in the world’s largest coastal cities. The analysis shows annual loses from flooding could rise from about $6 billion per year in 2005 to over $1 trillion per year by 2050. Sea level rise and subsidence alone will increase annual losses to around $63 billion by 2050, even if investments are made to maintain flood probabilities at current levels. You can read more about the work here: http://link.springer.com/article/10.1007/s11069-012-0234-1.
The Permanent Service for Mean Sea Level’s (PSMSL), an important facility responsible for the collection, publication, analysis and interpretation of sea level data from the global network of tide gauges, are holding a workshop on the 28th to 29th Oct 2013 to celebrate their 80th anniversary. Several members of the iGlass team will be attending and presenting at that workshop.
See the following link for details – http://www.psmsl.org/about_us/news/2013/workshop_2013/