Top 20 Cities with Billions at Risk from Climate Change

By Eric Roston - 2012-07-06T03:32:54Z

Photograph by Tommaso Bonaventura/Contrasto/Redux

Company Symbol % Change
JPMorgan Chase & Co JPM:US -1.08
15 of 22

#7 Tianjin, China


<strong>2005 assets at risk:</strong> $29.6 billion
<strong>2070 est. assets at risk:</strong> $1.2 trillion
<strong>2005 population at risk:</strong> 956,000
<strong>2070 est. population at risk: </strong>3.8 million

Severe flooding could have a devastating impact on Tianjin's economy, including the fast-growing manufacturing sector that makes up more than half of the city's gross domestic product and includes an assembly plant for Airbus's new A320. The city also has large swaths of farmland and more than 1 billion tons of petroleum deposits.

Tianjin in May issued a flood- and drought-prevention plan that would raise drainage capacity in central areas. The city hasn't experienced severe flooding damage in the Haihe River basin since 1963.

<em>Read more <a href="http://www.bloomberg.com/sustainability/">energy &amp; sustainability news</a>. </em>

Advertisement