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Top 20 Cities with Billions at Risk from Climate Change

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

Photograph by Daniel Traub/Gallery Stock

Company Symbol % Change
JPMorgan Chase & Co JPM:US 0.80
20 of 22

#2 Guangzhou, China


<strong>2005 assets at risk:</strong> $84.2 billion
<strong>2070 est. assets at risk:</strong> $3.4 trillion
<strong>2005 population at risk:</strong> 2.7 million
<strong>2070 est. population at risk: </strong>10.3 million

Guangzhou is a top Chinese hub for manufacturing, transportation and trade. It's located on the Pearl River about 75 miles northwest of Hong Kong.

Extreme rains killed at least 86 people in Guangzhou and disrupted the lives of 8 million others in May 2010. The most damaging storm in 30 years cost Guangzhou 540 million yuan ($85 million). It challenged the city's flood-control drainage systems and impaired 256,800 acres of farmland. "This is meteorologically unusual," the city's vice minister for water resources said at the time.

Guangzhou in 2011 issued an emergency plan to effectively defend against floods and storms.

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

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