Financial Management Of Flood Risk Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Financial Management Of Flood Risk book. This book definitely worth reading, it is an incredibly well-written.
Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting effects. This report applies the lessons from the OECD’s analysis of disaster risk financing practices and its risk guidance to the specific case of floods.
Financial Management of Flood Risks by Organisation for Economic Co-Operation and Development (OECD) Pdf
Disasters present a broad range of human, social, financial, economic and environmental impacts, with potentially long-lasting, multi-generational effects. The financial management of these impacts is a key challenge for individuals and governments in developed and developing countries. G20 Finance Ministers and Central Bank Governors and APEC Finance Ministers have recognised the importance and priority of disaster risk management strategies and, in particular, disaster risk assessment and risk financing. The OECD has supported the development of strategies for the financial management of natural and man-made disaster risks, under the guidance of the OECD High-Level Advisory Board on Financial Management of Large-scale Catastrophes and the OECD Insurance and Private Pensions Committee. This work has included the elaboration of an OECD Recommendation on Good Practices for Mitigating and Financing Catastrophic Risks and a draft Recommendation on Disaster Risk Financing Strategies; The Financial Management of Flood Risk extends this work by applying the lessons from the OECD’s analysis of disaster risk financing practices and the development of its guidance to the specific case of floods.
Financial Schemes for Resilient Flood Recovery by Lenka Slavíková,Thomas Hartmann,Thomas Thaler Pdf
Financial schemes for flood recovery, if properly designed and implemented, might increase flood resilience. However, options for the increase of flood resilience during the recovery phase are to a large extent overlooked and the diversity of existing schemes shows that there has been a lack of consensus on how to achieve resilient flood recovery. Financial Schemes for Resilient Flood Recovery investigates how the implementation of financial schemes (government relief subsidies, insurance schemes, buy-outs, etc.) might increase flood resilience. The chapters included in this edited volume address the following questions: Shall government relief subsidies exist when there is flood insurance in place, and, if so, how might they both be coordinated? Where (or how) to decide about build back better incentives and where to go for planned relocation programs? What is the distributional equity of financial schemes for flood recovery, and has it been sufficiently treated? The book covers different approaches to flood recovery schemes with specific intervention rationales in different countries. Empirical evidence provided clearly shows the great diversity of financial flood recovery schemes. This diversity of state-funded schemes, private-based insurance schemes, and hybrids as well as planned relocation schemes indicates a lack of a consistent and strategic approach in flood risk management and flood resilience about flood recovery. The chapters in this book were originally published in the Environmental Hazards.
Financial and Fiscal Instruments for Catastrophe Risk Management by John Pollner Pdf
An insurance-like mechanism for National Governments can be tailored for country-portfolio needs for buildings, properties and critical infrastructure. By virtue of the broad territorial scope, fiscal support should use mechanisms that provide payments triggered by physical flood measurements in selected areas (rather than site-by-site losses as in the traditional insurance industry). A multi-country mechanism for insurance pooling of risks to protect infrastructure can also provide major cost efficiencies for all governments, using parametric-or index contracts. Savings from pooling can range from 25 to 33 percent of the financing costs that each country would otherwise have paid on its own. There are several instruments and options for both insurance, and debt financed mechanisms for funding catastrophes. All instruments can be analyzed based on equivalencies in terms of market spreads.
Water Risk and Its Impact on the Financial Markets and Society by Thomas Walker,Dieter Gramlich,Kalima Vico,Adele Dumont-Bergeron Pdf
Water risks, including the lack of access to fresh water for personal and industrial use, droughts, floods, and water contamination, are problems that are not new, yet, they are amplifying in the face of climate change, population growth, and rapid economic development. Properly identifying, measuring, and managing these risks as well as taking advantage of related mitigation opportunities is essential for the future well-being of firms across various industries, investors who invest in these firms, local and federal governments, and ultimately our society as a whole. This edited book sheds light on this topic by examining the unique measurement and modelling challenges associated with either the scarcity or overabundance of water and their interaction with finance and society. Specifically, it explores approaches to assess and operationalize water risk, examines the vulnerability of institutions and markets, and discusses strategies for risk mitigation.
Flood Risk Management in Europe by Selina Begum,Marcel J.F. Stive,Jim W. Hall Pdf
This valuable edition brings together 25 peer reviewed articles on technical, socio-economic, environmental and policy aspects of flood risk management. Some emerging technologies are presented and several future challenges are identified. Thus the book forms an excellent reference for the engineers, scientists, planners, policy-makers, researchers, insurance industry and all the practitioners involved in flood risk management.
Floodplain Management by Bob Freitag,Susan Bolton,Frank Westerlund,Julie Clark Pdf
A flooding river is very hard to stop. Many residents of the United States have discovered this the hard way. Right now, over five million Americans hold flood insurance policies from the National Flood Insurance Program, which estimates that flooding causes at least six billion dollars in damages every year. Like rivers after a rainstorm, the financial costs are rising along with the toll on residents. And the worst is probably yet to come. Most scientists believe that global climate change will result in increases in flooding. The authors of this book present a straightforward argument: the time to stop a flooding rivers is before is before it floods. Floodplain Management outlines a new paradigm for flood management, one that emphasizes cost-effective, long-term success by integrating physical, chemical, and biological systems with our societal capabilities. It describes our present flood management practices, which are often based on dam or levee projects that do not incorporate the latest understandings about river processes. And it suggests that a better solution is to work with the natural tendencies of the river: retreat from the floodplain by preventing future development (and sometimes even removing existing structures); accommodate the effects of floodwaters with building practices; and protect assets with nonstructural measures if possible, and with large structural projects only if absolutely necessary.
Financial Management: Improvements Needed in National Flood Insurance Program’s Financial Controls and Oversight by Susan Ragland Pdf
This is a print on demand edition of a hard to find publication. Due to the federal government's role as guarantor, floods impose an enormous potential financial burden on the federal government. Consequently, decision makers at the Dept. of Homeland Security, FEMA, and the Congress need accurate and timely financial information to assess the effectiveness of the National Flood Insurance Program (NFIP). This report assesses whether controls in place during the 2005 to 2007 time frame were effective and whether actions to improve controls are likely to address identified weaknesses. The report reviewed and analyzed FEMA/NFIP guidance, data, and financial reports, and interviewed FEMA officials and contractors. Includes recommendations. Charts and tables.
Flood Risk Assessment and Management by Andreas H. Schumann Pdf
Flood catastrophes which happened world-wide have shown that it is not sufficient to characterize the hazard caused by the natural phenomenon "flood" with the well-known 3M-approach (measuring, mapping and modelling). Due to the recent shift in paradigms from a safety oriented approach to risk based planning it became necessary to consider the harmful impacts of hazards. The planning tasks changed from attempts to minimise hazards towards interventions to reduce exposure or susceptibility and nowadays to enhance the capacities to increase resilience. Scientific interest shifts more and more towards interdisciplinary approaches, which are needed to avoid disaster. This book deals with many aspects of flood risk management in a comprehensive way. As risks depend on hazard and vulnerabilities, not only geophysical tools for flood forecasting and planning are presented, but also socio-economic problems of flood management are discussed. Starting with precipitation and meteorological tools to its forecasting, hydrological models are described in their applications for operational flood forecasts, considering model uncertainties and their interactions with hydraulic and groundwater models. With regard to flood risk planning, regionalization aspects and the options to utilize historic floods are discussed. New hydrological tools for flood risk assessments for dams and reservoirs are presented. Problems and options to quantify socio-economic risks and how to consider them in multi-criteria assessments of flood risk planning are discussed. This book contributes to the contemporary efforts to reduce flood risk at the European scale. Using many real-world examples, it is useful for scientists and practitioners at different levels and with different interests.
Flood Risk Management by Edmund C. Penning-Rowsell,Matilda Becker Pdf
Our changing climate and more extreme weather events have dramatically increased the number and severity of floods across the world. Demonstrating the diversity of global flood risk management (FRM), this volume covers a range of topics including planning and policy, risk governance and communication, forecasting and warning, and economics. Through short case studies, the range of international examples from North America, Europe, Asia and Africa provide analysis of FRM efforts, processes and issues from human, governance and policy implementation perspectives. Written by an international set of authors, this collection of chapters and case studies will allow the reader to see how floods and flood risk management is experienced in different regions of the world. The way in which institutions manage flood risk is discussed, introducing the notions of realities and social constructions when it comes to risk management. The book will be of great interest to students and professionals of flood, coastal, river and natural hazard management, as well as risk analysis and insurance, demonstrating multiple academic frameworks of analysis and their utility and drawbacks when applied to real-life FRM contexts.
Spatial Flood Risk Management by Thomas Hartmann,Lenka Slavíková,Mark E. Wilkinson Pdf
Centralising the role of land and landowners, Spatial Flood Risk Management brings together knowledge from socio-economy, public policy, hydrology, geomorphology, and engineering to establish an interdisciplinary knowledge base on spatial approaches to managing flood risks.
Flood Risk Assessment and Management by S. Mambretti Pdf
This volume is the first in a new series to cover different aspects related to Safety and Security Engineering in order to reach a comprehensive view on risk mitigation.The volume is devoted to floods, as one-third of the annual natural disasters and economic losses, and more than half of the respective victims are flood-related. A burgeoning global population and growing wealth, particularly in the last two or three decades, have increased the risk and the demand for protection from flooding. These features, together with climate change predictions and urban development, are affecting the way flood risk is managed.Knowledge and scientific tools play a role of paramount importance in the strain of coping with flooding problems, along with the capacity building in the context of political and administrative framework. Therefore, governments need to establish clear institutional, financial and social mechanisms and processes for flood risk management in order to ensure the safety of people and property and, thereby, contribute to both flood defence and sustainable development.The present volume contains selected papers presented at the Conferences organized by the Wessex Institute of Technology. The papers have been revised by the Authors, in order to be up-to-date and integrated in the book, which covers the following topics: - Risk assessment - Mathematical models for flood propagation - Effect of topographic data resolution - Social and psychological aspects - Decision making and management - Legislations and directives - Alternatives in flood protection - Response and recovery - Damages and economic-related problems - Case studies The quality of the material makes the volume a most valuable and up-to-date tool for professionals, scientists, and managers to appreciate the state-of-the-art in this important field of knowledge.
Flood Risk Management by Edmund C. Penning-Rowsell,Matilda Becker Pdf
Our changing climate and more extreme weather events have dramatically increased the number and severity of floods across the world. Demonstrating the diversity of global flood risk management (FRM), this volume covers a range of topics including planning and policy, risk governance and communication, forecasting and warning, and economics. Through short case studies, the range of international examples from North America, Europe, Asia and Africa provide analysis of FRM efforts, processes and issues from human, governance and policy implementation perspectives. Written by an international set of authors, this collection of chapters and case studies will allow the reader to see how floods and flood risk management is experienced in different regions of the world. The way in which institutions manage flood risk is discussed, introducing the notions of realities and social constructions when it comes to risk management. The book will be of great interest to students and professionals of flood, coastal, river and natural hazard management, as well as risk analysis and insurance, demonstrating multiple academic frameworks of analysis and their utility and drawbacks when applied to real-life FRM contexts.
