Gallery: Global Warming Threats in Just 10 Major Cities Could Cost 9 Pe...


Anton Oparin /

The damage caused by Hurricane Sandy will ultimately cost billions of dollars to repair, which has researchers wondering what the global cost of climate change could be. With so many of the world’s megacities at or below sea level, rising oceans and stronger storms present significant risks, not only to people living in these areas, but also to business activity. By some estimates, 9 percent of the world’s GDP will be taken up by the effects of climate change on just 10 of these coastal megacities by the middle of the century.

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