Sea level rise could cost EU and Britain nearly €872 billion by end of this century

Low-lying regions could face a devastating 21% loss in GDP.

Some coastal regions could face having entire industries relocated. The authors calculated a tiny benefit to inland areas which could see a boost in GDP of 1% from people moving away from the sea, but this was dwarfed by the loss projected in coastal areas. Picture: Denis Minihane

Sea level rise could cost the EU and Britain up to €872 billion by the end of the century, with coastal economies likely to suffer most, a study has found.

Low-lying regions such as Veneto and Emilia-Romagna in Italy and Zachodniopomorskie in Poland could face a devastating 21% loss in GDP.