The areas most prone to sinking are megacities that house almost 20 per cent of the global urban population, and these areas are also the most heavily impacted by sea-level rise.
It can provide a wider choice of green products such as energy saving appliances, e-vehicles, and sustainable building materials. Government departments can be mandated to purchase such products, and the aggregation of demand can nudge manufacturers to reduce the carbon footprint of their products and seek green certification.
Rising heat and more frequent floods will require spending on a range of resilience-building measures for people’s health and livelihoods, as well as infrastructure for water, power, communication, bridges, roads, and railways.