According to research released on Monday, China is home to 16 of the 20 regions of the globe that are most vulnerable to climate change, with some of the world’s most significant manufacturing hubs at risk from rising water levels and harsh weather.
Outside of China, Florida was deemed to be the most vulnerable state.
In order to determine the potential economic harm that temperature increases could cause by 2050, climate risk specialists XDI evaluated more than 2,600 places across the globe using climate models in conjunction with weather and environmental data.
According to the UN Intergovernmental Panel on Climate Change’s forecast, temperatures would rise by 3 degrees Celsius (5.4 degrees Fahrenheit) by the end of the century.
According to the statistics, some of the key areas of the world economy face catastrophic risks including increasing sea levels, river flooding, and wildfires that could also drive down real estate values and discourage investment, according to XDI.
China’s Yancheng on October 3, 2022. On October 3, 2022, Yancheng City, Jiangsu Province, China, is home to a number of tidal trenches caused by tidal washout. (Future Publishing should be listed as the photo’s source rather than CFOTO.)
While others suffer, some Chinese cities break October heat records.
Jiangsu, a heavily industrialized coastal province in China that makes up a tenth of the country’s GDP, was named the most susceptible region in the world, followed by Shandong, a nearby province, and Hebei, a significant center for the manufacture of steel. Henan, a central region prone to flooding, came in fourth.
Chinese regions that were previously vulnerable to the effects of climate change have seen a significant rise in infrastructure investment as a result of the migration of global industry to Asia, according to Hamden.
He noted that “infrastructure investment has tended to be concentrated in locations that have historically posed a significant risk, such as river deltas, coastal regions, and very flat areas.”
Florida was the region with the highest non-Chinese ranking, coming in at number 10, followed by California, Texas, and New York. Nine Indian territories were also in the top 50.
According to Karl Mallon, co-founder of XDI, while climate is likely to play a larger role in deciding the flow of money, it is yet unclear if it will discourage investment in more vulnerable areas.
There is still much to be done to determine which regions of the planet are potentially adaptive and defendable and which are likely the regions we will eventually see abandoned.