Abstract

Identifying what, when, and how much adaptation is needed to account for increased pluvial flood risk is inherently uncertain. This presents a challenge to decision makers when trying to identify robust measures. This paper presents an integrated uncertainty analysis to quantify not only the overall uncertainty of individual adaptation scenarios, but also the net uncertainty between adaptation alternatives for a direct comparison of their efficiency. Further, a sensitivity analysis is used to assess the relative contribution of inherent uncertainties in the assessment. A Danish case study shows that the uncertainties in relation to assessing the present hazards and vulnerabilities (e.g., input runoff volume, threshold for damage, and costing of floods) are important to the overall uncertainty, thus contributing substantially to the overall uncertainty in relation to decisions on action or in-action. Once a decision of action has been taken, the uncertainty of the hazards under the current climate, and also the magnitude of future climate change, are less important than other uncertainties such as discount rate and the cost of implementing the adaptation measures. The proposed methodology is an important tool for achieving an explicit uncertainty description of climate adaptation strategies and provides a guide for further efforts (e.g., field data collection) to improve decision-making in relation to climate change.

Highlights

  • Economic assessment of climate adaptation has gained growing attention in recent years as a result of the increasing flood risk due to increases in climatic extremes in many regions of the world.Assessment of adaptation strategies often requires a comprehensive risk-based economic analysis to indicate the efficiency of proposed options [1,2,3]

  • The methodology estimates propagation of uncertainty sources through an urban flood risk framework that considers climate change impacts and adaptation costs and benefits based on calculations of Net Present Value (NPV) of adaptation options, as described by Zhou et al [19]

  • In accordance with Hansen et al [33], we describe the aggregated uncertainty of volumetric runoff by a constant coefficient of variation (CV) of the calculated runoff volume in the present climate

Read more

Summary

Introduction

Assessment of adaptation strategies often requires a comprehensive risk-based economic analysis to indicate the efficiency of proposed options [1,2,3]. The core of such an analysis is a flood risk assessment framework employing a GIS-based risk model for assessing the Expected Annual Damage (EAD). Based on a combined analysis of hazard and vulnerability [4] This type of risk model has been typically used for establishing the flood hazard and risk maps, as required in, e.g., the EU Floods. Potential adaptation options, aiming to manage the changing risks, may influence both the external drives and the system risk level

Objectives
Methods
Results
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call