Obama urged to address America's climate-threatened coasts

James S Murray
clock • 3 min read

Coalition of investors, insurers, government officials and green groups demand urgent action to mitigate coastal flooding risks

Despite the experience of Hurricane Katrina, the US is putting lives and billions of dollars of assets at risk by failing to adequately prepare for the increased likelihood of coastal flooding and hurricane...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Study: Global climate costs 'now rivalling a major financial crisis'

Study: Global climate costs 'now rivalling a major financial crisis'

Bloomberg Intelligence report estimates costs linked to extreme weather are set to double to more than $20tr over the coming decade

James Murray
clock 04 June 2026 • 2 min read
Study: 2025 costliest year on record for wildfires

Study: 2025 costliest year on record for wildfires

Research from University of East Anglia warns human-caused climate change is making fires more extreme and damaging, leading to increased financial costs

clock 02 June 2026 • 3 min read
Study: Businesses that recognise nature-related risks can seize 'first mover advantage'

Study: Businesses that recognise nature-related risks can seize 'first mover advantage'

Boards that fail to recognise costs arising from nature impacts are exposing themselves to significant financial and strategic risks, report warns

Stuart Stone
clock 02 June 2026 • 4 min read