Nearly nine in ten major ports globally are exposed to damaging climate hazards, resulting in escalating economic impacts on global trade and world economies. This is according to new research led by the University of Oxford and involving climate risk scientist Elco Koks from VU Amsterdam. This is the first study that quantified the climate risks faced by ports in high resolution on a global scale. The scientists investigated over 1,300 of the most important ports. The climate risk totals 7.6 billion dollar per year, most of which is attributed to tropical cyclones and river flooding of ports. All results are published in Nature: Communications Earth & Environment. Huge impact on a global scale - Ports have an essential role in the global economy and trade.
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