The new statement is full of cautions and provisos, but two of the least ambiguous remarks are to be found in paragraphs 45 and 49 relating to sea levels (I have added the emboldening):
Project 1: what is actually happening to sea levels?
# New Research Out of Greenland Proves Stability of Ice Sheet Over The Last 2 Decades
# New Antarctica Research: The IPCC "Consensus" Science Is Turned Topsy-Turvy
# IPCC Science Wrong: Current Antarctic Climate Conditions Are Not Unprecedented, Peer-Research Determines
Note added 13 April 2012: The key claim by the Royal Society is that sea level rise rate will be more than the historical 20cm per century we have seen over the last 100 years or so. Not much sign of that so far. Here is a plot for a site in England:
Note added 08 May 2012. Less than two years since their revised, more moderate 'statement' on climate (a statement that makes an utter mockery of the spirit of Nullius in Verba, but which is at least a bit more dignified than the worse tosh which preceded it), the studies are coming in to refute them. 'New empirical evidence from New Zealand scientists document the lack of "accelerating" global sea level levels. The island nation in the southern Pacific has not been swamped by the rising seas and the confirmed trend indicates only a 7 inch rise by 2100.' See: http://www.c3headlines.com/2012/05/tide-gauge-station-data-global-sea-level-rise-nz.html
Note added on 12 December 2012. Recent satellite surveys of sea level confirm the deceleration of the rate of rise. Projections from recent rise rates points to an end of century rise of 13cm or less.
[using figures from this report: http://ibis.grdl.noaa.gov/SAT/SeaLevelRise/documents/NOAA_NESDIS_Sea_Level_Rise_Budget_Report_2012.pdf ]
Note added 30 April 2013. An update on sea level forecasts:
'Conclusions: 1. Expert climate model predictions of catastrophic accelerating sea level increases are wildly wrong 2. CO2-centric climate models that focus almost entirely on the impact of human trace emissions of greenhouse gases produce erroneous and unreliable predictions for policymakers 3. The IPCC and large government computer climate models can't predict squat'
Note added 6 May 2013. UK Sea Levels–No Increase In Last 10 Years
Note added 03 July 2013. 'New study using GRACE data shows global sea levels rising less than 7 inches per century'. That's less than 18cm per century. Still not looking good for the Royal Society. http://wattsupwiththat.com/2013/07/03/new-study-using-grace-data-shows-global-sea-levels-rising-less-than-7-inches-per-century/
Note added 28 December 2013. 'A paper published today in Global and Planetary Change finds global sea level rise has decelerated by 44% since 2004 to a rate equivalent to only 7 inches per century. According to the authors, global mean sea level rise from 1993-2003 was at the rate of 3.2 mm/yr, but sea level rise “started decelerating since 2004 to a rate of 1.8 ± 0.9 mm/yr in 2012.”' http://hockeyschtick.blogspot.co.uk/2013/11/new-paper-finds-sea-level-rise-has.html