Financial Management Of Flood Risk

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264257683
Total Pages : 136 pages
Book Rating : 4.89/5 ( download)

DOWNLOAD NOW!

Download or read book Financial Management of Flood Risk written by OECD and published by OECD Publishing. This book was released on 2016-07-29 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Organisation for Economic Co-Operation and Development (OECD)
Publisher : IWA Publishing
ISBN 13 : 9781780408569
Total Pages : 0 pages
Book Rating : 4.60/5 ( download)

DOWNLOAD NOW!

Download or read book Financial Management of Flood Risks written by Organisation for Economic Co-Operation and Development (OECD) and published by IWA Publishing. This book was released on 2016-10-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Lenka Slavíková
Publisher : Routledge
ISBN 13 : 1000431045
Total Pages : 175 pages
Book Rating : 4.49/5 ( download)

DOWNLOAD NOW!

Download or read book Financial Schemes for Resilient Flood Recovery written by Lenka Slavíková and published by Routledge. This book was released on 2021-08-26 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : John Pollner
Publisher : World Bank Publications
ISBN 13 : 0821395793
Total Pages : 221 pages
Book Rating : 4.90/5 ( download)

DOWNLOAD NOW!

Download or read book Financial and Fiscal Instruments for Catastrophe Risk Management written by John Pollner and published by World Bank Publications. This book was released on 2012-07-17 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Bob Freitag
Publisher : Island Press
ISBN 13 : 1610911326
Total Pages : 256 pages
Book Rating : 4.20/5 ( download)

DOWNLOAD NOW!

Download or read book Floodplain Management written by Bob Freitag and published by Island Press. This book was released on 2012-06-22 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author :
Publisher : DIANE Publishing
ISBN 13 : 1437983758
Total Pages : 28 pages
Book Rating : 4.53/5 ( download)

DOWNLOAD NOW!

Download or read book National Flood Insurance Program: Background, Challenges, and Financial Status written by and published by DIANE Publishing. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309282934
Total Pages : 275 pages
Book Rating : 4.32/5 ( download)

DOWNLOAD NOW!

Download or read book Levees and the National Flood Insurance Program written by National Research Council and published by National Academies Press. This book was released on 2013-07-18 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Emergency Management Agency's (FEMA) Federal Insurance and Mitigation Administration (FIMA) manages the National Flood Insurance Program (NFIP), which is a cornerstone in the U.S. strategy to assist communities to prepare for, mitigate against, and recover from flood disasters. The NFIP was established by Congress with passage of the National Flood Insurance Act in 1968, to help reduce future flood damages through NFIP community floodplain regulation that would control development in flood hazard areas, provide insurance for a premium to property owners, and reduce federal expenditures for disaster assistance. The flood insurance is available only to owners of insurable property located in communities that participate in the NFIP. Currently, the program has 5,555,915 million policies in 21,881 communities3 across the United States. The NFIP defines the one percent annual chance flood (100-year or base flood) floodplain as a Special Flood Hazard Area (SFHA). The SFHA is delineated on FEMA's Flood Insurance Rate Maps (FIRM's) using topographic, meteorologic, hydrologic, and hydraulic information. Property owners with a federally back mortgage within the SFHAs are required to purchase and retain flood insurance, called the mandatory flood insurance purchase requirement (MPR). Levees and floodwalls, hereafter referred to as levees, have been part of flood management in the United States since the late 1700's because they are relatively easy to build and a reasonable infrastructure investment. A levee is a man-made structure, usually an earthen embankment, designed and constructed in accordance with sound engineering practices to contain, control, or divert the flow of water so as to provide protection from temporary flooding. A levee system is a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices. Recognizing the need for improving the NFIP's treatment of levees, FEMA officials approached the National Research Council's (NRC) Water Science and Technology Board (WSTB) and requested this study. The NRC responded by forming the ad hoc Committee on Levee and the National Flood Insurance Program: Improving Policies and Practices, charged to examine current FEMA treatment of levees within the NFIP and provide advice on how those levee-elated policies and activities could be improved. The study addressed four broad areas, risk analysis, flood insurance, risk reduction, and risk communication, regarding how levees are considered in the NFIP. Specific issues within these areas include current risk analysis and mapping procedures behind accredited and non-accredited levees, flood insurance pricing and the mandatory flood insurance purchase requirement, mitigation options to reduce risk for communities with levees, flood risk communication efforts, and the concept of shared responsibility. The principal conclusions and recommendations are highlighted in this report.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264041516
Total Pages : 315 pages
Book Rating : 4.16/5 ( download)

DOWNLOAD NOW!

Download or read book Policy Issues in Insurance Financial Management of Large-Scale Catastrophes written by OECD and published by OECD Publishing. This book was released on 2008-09-05 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains three reports focusing on different institutional approaches to the financial management of large-scale catastrophes, the role of risk mitigation and insurance in reducing the impact of natural disasters, and the importance of strategic leadership in the management of crises.

Author : Thomas Walker
Publisher : Springer Nature
ISBN 13 : 3030776506
Total Pages : 363 pages
Book Rating : 4.03/5 ( download)

DOWNLOAD NOW!

Download or read book Water Risk and Its Impact on the Financial Markets and Society written by Thomas Walker and published by Springer Nature. This book was released on 2021-08-20 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Selina Begum
Publisher : Springer Science & Business Media
ISBN 13 : 1402042000
Total Pages : 532 pages
Book Rating : 4.03/5 ( download)

DOWNLOAD NOW!

Download or read book Flood Risk Management in Europe written by Selina Begum and published by Springer Science & Business Media. This book was released on 2007-06-17 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.