Venice sinking News

Worsening Off-Season Floods in Venice Trigger Fears About Climate Change Impact

VENICE, Italy (AP) โ€“ After Venice suffered the second-worst flood in its history in November 2019, it was inundated with four more exceptional tides within six weeks, shocking Venetians and triggering fears about the worsening impact of climate change. The …

Lloyd’s Warns Sea Level Rise, Land Subsidence Imperil Many ‘Megacities’

A bulletin from Lloyd’s of London warns that, “as sea levels rise, ground levels in coastal megacities are also falling โ€“ with potentially disastrous implications for insurers. Insurers of large property portfolios in the world’s great coastal cities will have …