@article{HudsonBotzenAerts2019,
  author    = {Hudson, Paul and Botzen, W. J. Wouter and Aerts, Jeroen C. J. H.},
  title     = {Flood insurance arrangements in the European Union for future flood risk under climate and socioeconomic change},
  series = {Global environmental change : human and policy dimensions},
  volume    = {58},
  journal   = {Global environmental change : human and policy dimensions},
  publisher = {Elsevier},
  address   = {Oxford},
  issn      = {0959-3780},
  doi       = {10.1016/j.gloenvcha.2019.101966},
  pages     = {13},
  year      = {2019},
  abstract  = {Flood risk will increase in many areas around the world due to climate change and increase in economic exposure. This implies that adequate flood insurance schemes are needed to adapt to increasing flood risk and to minimise welfare losses for households in flood-prone areas. Flood insurance markets may need reform to offer sufficient and affordable financial protection and incentives for risk reduction. Here, we present the results of a study that aims to evaluate the ability of flood insurance arrangements in Europe to cope with trends in flood risk, using criteria that encompass common elements of the policy debate on flood insurance reform. We show that the average risk-based flood insurance premium could double between 2015 and 2055 in the absence of more risk reduction by households exposed to flooding. We show that part of the expected future increase in flood risk could be limited by flood insurance mechanisms that better incentivise risk reduction by policyholders, which lowers vulnerability. The affordability of flood insurance can be improved by introducing the key features of public-private partnerships (PPPs), which include public reinsurance, limited premium cross-subsidisation between low- and high-risk households, and incentives for policyholder-level risk reduction. These findings were evaluated in a comprehensive sensitivity analysis and support ongoing reforms in Europe and abroad that move towards risk-based premiums and link insurance with risk reduction, strengthen purchase requirements, and engage in multi-stakeholder partnerships.},
  language  = {en}
}
@misc{HudsonBotzenPoussinetal.2019,
  author    = {Hudson, Paul and Botzen, W. J. Wouter and Poussin, Jennifer and Aerts, Jeroen C. J. H.},
  title     = {Impacts of flooding and flood preparedness on subjective well-being},
  series = {Journal of Happiness Studies},
  volume    = {20},
  journal   = {Journal of Happiness Studies},
  number    = {2},
  publisher = {Springer Science},
  address   = {Dordrecht},
  issn      = {1389-4978},
  doi       = {10.1007/s10902-017-9916-4},
  pages     = {665 -- 682},
  year      = {2019},
  abstract  = {Flood disasters severely impact human subjective well-being (SWB). Nevertheless, few studies have examined the influence of flood events on individual well-being and how such impacts may be limited by flood protection measures. This study estimates the long term impacts on individual subjective well-being of flood experiences, individual subjective flood risk perceptions, and household flood preparedness decisions. These effects are monetised and placed in context through a comparison with impacts of other adverse events on well-being. We collected data from households in flood-prone areas in France. The results indicate that experiencing a flood has a large negative impact on subjective well-being that is incompletely attenuated over time. Moreover, individuals do not need to be directly affected by floods to suffer SWB losses since subjective well-being is lower for those who expect their flood risk to increase or who have seen a neighbour being flooded. Floodplain inhabitants who prepared for flooding by elevating their home have a higher subjective well-being. A monetisation of the aforementioned well-being impacts shows that a flood requires Euro150,000 in immediate compensation to attenuate SWB losses. The decomposition of the monetised impacts of flood experience into tangible losses and intangible effects on SWB shows that intangible effects are about twice as large as the tangible direct monetary flood losses. Investments in flood protection infrastructure may be under funded if the intangible SWB benefits of flood protection are not taken into account.},
  language  = {en}
}
@article{SchneiderWalzAlbertetal.2021,
  author    = {Schneider, Philipp and Walz, Ariane and Albert, Christian and Lipp, Torsten},
  title     = {Ecosystem-based adaptation in cities},
  series = {Land use policy},
  volume    = {109},
  journal   = {Land use policy},
  publisher = {Elsevier},
  address   = {Oxford},
  issn      = {0264-8377},
  doi       = {10.1016/j.landusepol.2021.105722},
  pages     = {11},
  year      = {2021},
  abstract  = {Extreme weather events like heavy rainfall and heat waves will likely increase in intensity and frequency due to climate change. As the impacts of these extremes are particularly prominent in urban agglomerations, cities face an urgent need to develop adaptation strategies. Ecosystem-based Adaptation (EbA) provides helpful strategies that harness ecological processes in addition to technical interventions. EbA has been addressed in informal adaptation planning. Formal municipality planning, namely landscape planning, is supposed to include traditionally some EbA measures, although adaptation has not been their explicit focus. Our research aims to investigate how landscape plans incorporate climate-related extremes and EbA as well as to discuss the potential to enhance EbA uptake in formal planning. We conducted a document analysis of informal planning documents from 85 German cities and the analysis of formal landscape plans of 61 of these cities. The results suggest that city size does affect the extent of informal planning instruments and the comprehensiveness of formal landscape plans. Climate-related extremes and EbA measures have traditionally been part of landscape planning. Almost all landscape plans address heat stress, while climate change and heavy rain have been addressed less often, though more frequently since 2008. Greening of walls and roofs, on-site infiltration and water retention reveal significant potential for better integration in landscape plans. Landscape planning offers an entry point for effective climate adaptation through EbA in cities. Informal and formal planning instruments should be closely combined for robust, spatially explicit, legally binding implementation of EbA measures in the future.},
  language  = {en}
}