Taken from Wikipedia:
It has been reported that severe damage has been inflicted on ecosystems such as mangroves, coral reefs, forests, coastal wetlands, vegetation, sand dunes and rock formations, animal and plant biodiversity and groundwater. In addition, the spread of solid and liquid waste and industrial chemicals, water pollution and the destruction of sewage collectors and treatment plants threaten the environment even further, in untold ways.
According to specialists , the main effect is being caused by poisoning of the fresh water supplies and the soil by salt water infiltration and deposit of a salt layer over arable land. It has been reported that in the Maldives, 16 to 17 coral reef atolls that were overcome by sea waves are totally without fresh water and could be rendered unhabitable for decades. Uncountable wells that served communities were invaded by sea, sand and earth; and aquifers were invaded through porous rock. Salted-over soil becomes sterile, and it is difficult and costly to restore for agriculture. It also causes the death of plants and important soil micro-organisms. Thousands of rice, mango and banana plantations in Sri Lanka were destroyed almost entirely and will take years to recover.