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Flooding and urban adaptation

16th Jan 2017

Authors: Adriana Kocornik-Mina, Thomas K.J. McDermott, Guy Michaels, Ferdinand Rauch

If the economic costs of flooding are high, and cities at lower elevations tend to flood more frequently, why do communities continue to rebuild on the same, flood-prone lands? This blog explores the economic impact of flooding and suggests that aid for reconstruction could be used to encourage economic activity to shift away from flood prone areas.