New Orleans city to hurricanes. Indeed, portions of Greater New Orleans have been flooded by the Grand Isle Hurricane of 1909, the New Orleans Hurricane of 1915, 1947 Fort Lauderdale Hurricane, Hurricane Flossy in 1956, Hurricane Betsy in 1965, Hurricane Georges in 1998, Hurricanes Katrina and Rita in 2005, and Hurricane Gustav in 2008, with the flooding in Betsy being significant and in a few neighborhoods severe, and that in Katrina being disastrous in the majority of the city. In 2005, storm surge from Hurricane Katrina caused catastrophic failure of the federally designed and built levees, flooding 80% of the city. A
Effects of Hurricane Katrina in New Orleans United States with one of the largest fisheries and the most important flyway terminus, enabling New Orleans to profit from these ecological industries. Furthermore, by increasing the wetlands, it would help create a natural barrier that could aid New Orleans in future storms. It is estimated that if New Orleans was to restore of wetland lost before 2005, the natural capital would be worth an estimated $6 billion/year, or $200 billion at the present value. While New Orleans has made numerous efforts in rebuilding their economy, and has been successful with tourist-attracting events such as Mardi Gras, the natural capital