Ho Chi Minh City faces ten-fold rise in flood damage risk by 2050: study
Flooding risk in Ho Chi Minh City may grow ten times more intense by 2050 given the current prevalence of poorly regulated construction projects and economic activities, according to a new study by the international consulting firm McKinsey.
The report also claims an escalation in consequences of extreme weather events, where flood with the same probability as today in 30 years’ time will cause triple the amount of infrastructure damage and 20 times the knock-on effects — given the damage mitigation measures remain unchanged.
