Flooding in the United States costs communities more than $32 billion each year. As climate change drives increasingly severe and erratic storm events, experts project that figure to rise in coming years: Forecasts estimate that flood risk will increase by more than 26% by 2050. Because of socioeconomic inequalities in flood risk mitigation, flooding disproportionately affects metropolitan areas with larger populations of Black, Indigenous, and People of Color (BIPOC) residents.
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Source: Phys.org