12/20/2012

In coming years, the number of coastal megacities at risk of storm surges and flooding is expected to rise significantly. In terms of assets, the risks faced by low-lying cities such as Tokyo, New Orleans and Amsterdam are projected to be surpassed by the fast-growing metropolises of Calcutta, Shanghai, Mumbai, Bangkok and Ho Chi Minh City. "The landscape of vulnerability has changed spectacularly," says Vinod Thomas of the Asian Development Bank.

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