Climate Change Could Wipe Out the World’s Biggest Business Hubs

by Traveleads | March 15, 2019 | Latest News On The Ground

Depending on who you listen to climate change is either a hoax – a conspiracy invented as a form of additional taxation, corporate regulation and control, or it is the single greatest threat facing the planet and its population today.

The thing that can’t be disputed is the fact that rising sea levels are being recorded around the world. The reason for the rise is something we can debate but we can’t deny – the figures don’t lie!

Using data pertaining to current trends it is estimated that by 2100 sea levels will have risen by at least 6 feet, so what will that mean for global economies and international business destinations?

New York City enjoys an elevation of 32 feet so the estimated rise in sea level won’t submerge the city. However, its close proximity to the ocean, and an infrastructure not even nearly equipped to cope with large scale flooding could see the Stock Exchange and other major businesses relocating to safer US cities.

Miami, an urban oasis of all things cool and a major business hub, sits on the beach. Just a 6foot elevation separates the city from the ocean, so by 2100 Miami might be no more than a modern-day Atlantis!

London, not directly a sea-front city, but experts predict rising sea levels, existing storm surges and high tides mean it is only a matter of time before the river Thames overwhelms the existing flood barriers and breaches the city, completely knocking out its capacity to function.

Sydney is a vast city spread out over such a great expanse that for those living away from the ocean the rise in sea level may not directly affect them. But while some parts of the city will remain unaffected its most iconic landmarks, including the opera house and the harbour, will almost definitely be swallowed by water

Bangkok, built only 5feet above sea level will certainly be affected by a 6foot rise – and with the Chao Phraya river running through it, the city is no stranger to flooding. The last major flood occurred in 2011. Given the frequency of flooding and the size of the river, rising sea levels might mean Bangkok won’t be able to keep its head above water for much longer!

While not necessarily business hubs, cities such as Venice and New Orleans can forget it – they will completely vanish!  But its not all bad news, as even though the predictions look grim, we have the bigger part of this century to utilise advances in engineering and technology to thwart natures ongoing attack. Cities such as Amsterdam and Dubai are great examples of how the ingenuity of man can defy the ocean.

You can currently visit all of the cities mentioned …without scuba gear – so if you’re planning a business trip to any worldwide destination please contact your Traveleads consultant.

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