Managed Retreat: When Climate Hits Home

Southeastern Virginia currently experiences the fastest rate of sea level rise on the Atlantic seaboard, and that’s only projected to accelerate. For many neighborhoods, it’s not a question of if they will go underwater, but when. On the west coast, between $8 billion and $10 billion of existing property in California is likely to be underwater by 2050, with an additional $6 billion to $10 billion at risk during high tides. Increasingly, local and regional governments are considering – and starting – buyouts of flood-prone properties.  How will we manage the homes, farms, naval bases and infrastructure destined to go under water? How do federal and private insurance programs hamper or help moves away from climate-disrupted regions? And what are the equity issues with managed retreat? For transcripts and other information, visit: https://www.climateone.org/watch-and-listen/podcasts  Guests: Sam Turken, reporter, “At A Crossroads” series for WHRO  Amy Chester, Managing Director, Rebuild By Design Kia Javanmardian, Senior Partner, McKinsey and Company Learn more about your ad choices. Visit megaphone.fm/adchoices