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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.
This book provides an important overview of how climate-driven natural hazards like river or pluvial floods, droughts, heat waves or forest fires, continue to play a central role across the globe in the 21st century. Urban resilience has become an important term in response to climate change. Resilience describes the ability of a system to absorb shocks and depends on the vulnerability and recovery time of a system. A shock affects a system to the extent that it becomes vulnerable to the event. This book focus examines how private property-owners might implement such measures or improve their individual coping and adaptive capacity to respond to future events. The book looks at the existence of various planning, legal, financial incentives and psychological factors designed to encourage individuals to take an active role in natural hazard risk management and through the presentation of theoretical discussions and empirical cases shows how urban resilience can be achieved. In addition, the book guides the reader through different conceptual frameworks by showing how urban regions are trying to reach urban resilience on privately-owned land. Each chapter focuses on different cultural, socio-economic and political backgrounds to demonstrate how different institutional frameworks have an impact.
In recent years there has been growing recognition that disaster risk cannot be reduced by focusing solely on physical hazards without considering factors that influence socio-economic impact. Vulnerability: the susceptibility to the damaging impacts of hazards, and resilience: the ability to recover, have become popular concepts in natural hazard and risk management. This book provides a comprehensive overview of the concepts of vulnerability and resilience and their application to natural hazards research. With contributions from both physical and social scientists it provides an interdisciplinary discussion of the different types of vulnerability and resilience, the links between them, and concludes with the remaining challenges and future directions of the field. Examining global case studies from the US coast to Austria, this is a valuable reference for researchers and graduate students working in natural hazard and risk reduction from both the natural and social sciences.
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