Climate change, uncertainty and investment in flood risk reduction

T.D. van der Pol

Research output: Thesisinternal PhD, WUAcademic

Abstract

Economic analysis of flood risk management strategies has become more complex due to climate change. This thesis investigates the impact of climate change on investment in flood risk reduction, and applies optimisation methods to support identification of optimal flood risk management strategies. Chapter 2 provides an overview of cost-benefit analysis (CBA) of flood risk management strategies under climate change uncertainty and new information. CBA is applied to determine optimal dike heights under climate change uncertainty and new information in Chapter 3. Chapter 4 studies impacts of rainfall variability and changing return periods of rainfall extremes on cost-effective adaptation of water systems to climate change given a flood protection standard. Chapter 5 departs from expected cost minimisation, and applies the minimax regret decision criterion to identify maximum regret minimising flood risk management strategies under the arrival of new climate impact information. The thesis concludes that the modelling of new climate-related information may improve an economic analysis of flood risk management strategies

LanguageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Wageningen University
Supervisors/Advisors
  • van Ierland, Ekko, Promotor
  • Weikard, Hans-Peter, Co-promotor
  • Gabbert, Silke, Co-promotor
  • Hendrix, Eligius, Co-promotor
Award date2 Oct 2015
Place of PublicationWageningen
Publisher
Print ISBNs9789462574373
Publication statusPublished - 2015

Fingerprint

climate change
cost-benefit analysis
economic analysis
rainfall
climate effect
return period
cost
risk reduction
dike
risk management
climate
modeling
water
thesis

Keywords

  • climatic change
  • flood control
  • floods
  • risk reduction
  • water management
  • economic analysis
  • economic models
  • investment

Cite this

van der Pol, T. D. (2015). Climate change, uncertainty and investment in flood risk reduction. Wageningen: Wageningen University.
van der Pol, T.D.. / Climate change, uncertainty and investment in flood risk reduction. Wageningen : Wageningen University, 2015. 147 p.
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keywords = "klimaatverandering, hoogwaterbeheersing, overstromingen, risicovermindering, waterbeheer, economische analyse, economische modellen, investering, climatic change, flood control, floods, risk reduction, water management, economic analysis, economic models, investment",
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van der Pol, TD 2015, 'Climate change, uncertainty and investment in flood risk reduction', Doctor of Philosophy, Wageningen University, Wageningen.

Climate change, uncertainty and investment in flood risk reduction. / van der Pol, T.D.

Wageningen : Wageningen University, 2015. 147 p.

Research output: Thesisinternal PhD, WUAcademic

TY - THES

T1 - Climate change, uncertainty and investment in flood risk reduction

AU - van der Pol, T.D.

N1 - WU thesis 6137

PY - 2015

Y1 - 2015

N2 - Economic analysis of flood risk management strategies has become more complex due to climate change. This thesis investigates the impact of climate change on investment in flood risk reduction, and applies optimisation methods to support identification of optimal flood risk management strategies. Chapter 2 provides an overview of cost-benefit analysis (CBA) of flood risk management strategies under climate change uncertainty and new information. CBA is applied to determine optimal dike heights under climate change uncertainty and new information in Chapter 3. Chapter 4 studies impacts of rainfall variability and changing return periods of rainfall extremes on cost-effective adaptation of water systems to climate change given a flood protection standard. Chapter 5 departs from expected cost minimisation, and applies the minimax regret decision criterion to identify maximum regret minimising flood risk management strategies under the arrival of new climate impact information. The thesis concludes that the modelling of new climate-related information may improve an economic analysis of flood risk management strategies

AB - Economic analysis of flood risk management strategies has become more complex due to climate change. This thesis investigates the impact of climate change on investment in flood risk reduction, and applies optimisation methods to support identification of optimal flood risk management strategies. Chapter 2 provides an overview of cost-benefit analysis (CBA) of flood risk management strategies under climate change uncertainty and new information. CBA is applied to determine optimal dike heights under climate change uncertainty and new information in Chapter 3. Chapter 4 studies impacts of rainfall variability and changing return periods of rainfall extremes on cost-effective adaptation of water systems to climate change given a flood protection standard. Chapter 5 departs from expected cost minimisation, and applies the minimax regret decision criterion to identify maximum regret minimising flood risk management strategies under the arrival of new climate impact information. The thesis concludes that the modelling of new climate-related information may improve an economic analysis of flood risk management strategies

KW - klimaatverandering

KW - hoogwaterbeheersing

KW - overstromingen

KW - risicovermindering

KW - waterbeheer

KW - economische analyse

KW - economische modellen

KW - investering

KW - climatic change

KW - flood control

KW - floods

KW - risk reduction

KW - water management

KW - economic analysis

KW - economic models

KW - investment

M3 - internal PhD, WU

SN - 9789462574373

PB - Wageningen University

CY - Wageningen

ER -

van der Pol TD. Climate change, uncertainty and investment in flood risk reduction. Wageningen: Wageningen University, 2015. 147 p.