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Buying dry land in response to sea level rise

An interesting response to sea level rise and coastal flooding caused by global climate change is discussed in this article from the New York Times. In the Maldives, a nation of over 1,000 islands in the Indian Ocean, the new president plans to start an investment fund, financed in part by earnings from tourism, that will allow the country to buy a haven for citizens should flooding from sea level rise become significant. India and Sri Lanka are two areas which have been identified as potential places of refuge.

The article makes no mention of how much money would be required to purchase any land or any of the other costs associated with moving the entire population of the nation, which in recent years has grown rapidly to over 400,000 people. Does this strategy seem like a good idea?

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