(VENICE, Italy) — The historic lagoon city of Venice exists on the edge of a double threat: As it sinks, the seas rise.

That reality became more stark this week when Venice was hit with its worst flood in over 50 years, caused by a nearly 1.9 meter (6-foot) tide that sent waist-high water flowing through St. Mark’s Square, cast the city’s world-famous gondolas onto walkways, and threatened its medieval, Baroque and Renaissance art and architecture.

Damage to the City of Canals from the second-worst flood ever recorded was put at hundreds of millions of euros (dollars).

Against the backdrop of the disaster, a corruption-riddled underwater barrier system that was supposed to protect the city still is not operational after more than 16 years of construction and at least 5 billion euros of public funds. It was supposed to be working by 2011.

“It has been a generation of panels and engineers that have been working on it. No one can actually tell if it will actually be operational,” said Mechtild Rossler, director of the UNESCO World Heritage Center in Paris, which lists Venice as one of its legally protected World Heritage sites because of its cultural and historical significance.

Related Stories

World

Flood-Ravaged Venice in State of Emergency Amid Flooding