Sea Level Rising will increase Significant Financial Inundation
Above map shows the properties in City of Sydney potentially affected by flooding in different events.
PMF - Probable Maximum Flood
AEP - Annual Exceedance Probability
ARI - Average Recurrence Interval
PMF - Probable Maximum Flood
AEP - Annual Exceedance Probability
ARI - Average Recurrence Interval
Damages of sea level raise significantly would be equivalent to Sydney 1867 flood disaster. It would cause significant financial damage which more than 3 billion in the event of increasing 0.9m. It is expected that more than 7,000 homes impacted and. More than 1,600 businesses would be suffered with financial burden.
At least 50,000 residents are expected to be evacuated from the city due to the risks of further rises in sea levels and associated isolation. More than 26,000 building occupiers are exposed to sea level rising event.
The financial burden caused by Seal Level Rising would exceed at least $8 billion.
At least 50,000 residents are expected to be evacuated from the city due to the risks of further rises in sea levels and associated isolation. More than 26,000 building occupiers are exposed to sea level rising event.
The financial burden caused by Seal Level Rising would exceed at least $8 billion.
References:
City of Sydney, 3 Aug 2015, City_Area_Flood_Study_Part2, viewed 10 Aug 2015, <http://www.cityofsydney.nsw.gov.au/__data/assets/pdf_file/0005/220793/City_Area_Flood_Study_Part2.pdf>
Vero, Dec 2013, Will our industry drown when Sydney floods? viewed 10 Aug 2015, <http://www.vero.com.au/vero/will-our-industry-drown-when-sydney-floods>
City of Sydney, 3 Aug 2015, City_Area_Flood_Study_Part2, viewed 10 Aug 2015, <http://www.cityofsydney.nsw.gov.au/__data/assets/pdf_file/0005/220793/City_Area_Flood_Study_Part2.pdf>
Vero, Dec 2013, Will our industry drown when Sydney floods? viewed 10 Aug 2015, <http://www.vero.com.au/vero/will-our-industry-drown-when-sydney-floods>