Day: December 19, 2021

Anticipating Lost Tax Revenue as a Result of Climate Displacement

Anticipating Lost Tax Revenue as a Result of Climate Displacement

Anticipating Lost Tax Revenue as a Result of Climate Displacement

12/19/21

“How can we anticipate lost tax revenue in the future as a result of climate displacement?”

Certain cities are going to lose population as a result of climate displacement. This will lead said cities to have lower populations and in turn, less money to collect through taxes. To brace for this, towns should look into Anticipating Lost Tax Revenue as a Result of Climate Displacement. This can be accomplished through methods ranging from economic forecasts to historical demographic reviews of cities that have experienced depopulation from natural disasters.