EU puts a price on coastal erosion
Up to €1,000bn-worth of EU economic assets are on land at risk of coastal erosion, according to a European Commission study. Of the 132,300 square kilometres of EU territory within 500 metres of an eroding coastline, well over a third is land of "high ecological value". The report recommends steps to ensure greater awareness of coastal erosion before investment decisions are made. The study's conclusions and those of a conference being held on Tuesday will be fed into a forthcoming EU thematic strategy on soil (EED 19/04/02). See press release and conference details.