Financial Schemes for Resilient Flood Recovery

Financial schemes for flood recovery can increase resilience, but options are often overlooked. This book explores how implementation of financial schemes can be coordinated, the distributional equity of these schemes, and different approaches to flood recovery in different countries. The diversity of schemes indicates a lack of consistent and strategic approach to flood risk management and resilience.

Format: Paperback / softback
Length: 154 pages
Publication date: 25 September 2023
Publisher: Taylor & Francis Ltd

Financial schemes for flood recovery, when properly designed and implemented, have the potential to enhance flood resilience. However, options for increasing flood resilience during the recovery phase are often overlooked, and the diversity of existing schemes indicates a lack of consensus on how to achieve resilient flood recovery.

In order to investigate the effectiveness of financial schemes in promoting resilient flood recovery, this edited volume brings together a collection of chapters that address key questions related to their implementation. The chapters explore the following topics:

Government Relief Subsidies and Flood Insurance Coordination: Examines whether government relief subsidies should exist when flood insurance is available, and if so, how they can be coordinated to ensure efficient and equitable distribution of resources.

Decision-Making on Build Back Better Incentives and Planned Relocation Programs: Discusses the challenges in determining the appropriate locations for incentivizing rebuilding and implementing planned relocation programs, considering factors such as cost-benefit analysis, social equity, and environmental considerations.

Distributional Equity of Financial Schemes for Flood Recovery: Analyzes the fairness and inclusivity of financial schemes for flood recovery, considering factors such as income distribution, access to resources, and the impact on vulnerable communities.

The book provides a comprehensive coverage of different approaches to flood recovery schemes across various countries, highlighting specific intervention rationales and their effectiveness in promoting resilience. Empirical evidence presented in the chapters demonstrates the great diversity of financial flood recovery schemes, encompassing state-funded schemes, private-based insurance schemes, hybrids, and planned relocation programs. This diversity highlights the need for a consistent and strategic approach to flood risk management and flood resilience, particularly in flood recovery.

The chapters in this book were originally published in the journal Environmental Hazards, contributing to the ongoing discourse on flood risk management and resilience. By bringing together experts in the field, this edited volume provides valuable insights and recommendations for policymakers, practitioners, and researchers interested in enhancing flood recovery and building more resilient communities.

Weight: 453g
Dimension: 246 x 174 (mm)
ISBN-13: 9781032017587