Rising sea levels will create the need for more than $3 billion in new sea walls in Sarasota and Manatee counties by 2040. That's according to a new report that highlights the fiscal threat climate change poses to Southwest Florida.

Florida has more coastline than any state other than Alaska, and armoring it to protect against sea level rise will cost roughly $76 billion statewide by 2040.  According to the Herald-Tribune those expenses will be spread among private individuals seeking to protect their own properties and local governments trying to safeguard public infrastructure, but will be difficult for communities to absorb. Manatee County energy and property manager Diana Robinson says the funds are not readily available.

Of the Top 10 counties in Florida ranked by the amount that will need to be spent on new sea walls, Sarasota and Manatee counties are ranked 22nd and 15th, according to the herald tribune.