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Disaster Risk Management and Fiscal Policy : Narratives, Tools, and Evidence Associated with Assessing Fiscal Risk and Building Resilience
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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This paper addresses the question whether and how co-benefits, through disaster resilience building, can be further promoted. Co-benefits are defined as positive externalities that arise deliberately as a result of a joint strategy that pursues several objectives synergistically at the same time, such as disaster risk management and development goals, or disaster risk management and climate change adaptation. Of particular interest is the question of how the economic and broader benefits of disaster risk management can be recognized and realized by those in charge of fiscal policy decisions. The paper considers the interplay between public disaster risk management investment and fiscal policy, and provides an overview of the current debate as well as assessment methods, tools, and policy options. In fiscal budgeting, it has been standard practice to focus on direct liabilities and recurrent spending. Costs of disasters are often dealt with after the fact only, rather than being considered as contingent liabilities. As a consequence, the full costs of disasters have often not been budgeted for, and, with a price signal missing, there is lack of clear incentives for investing in disaster risk management. Overall, the paper identifies four steps and three dividends to be harnessed: (i) understanding fiscal risk; (ii) protecting public finance through risk financing instruments, the first dividend; (iii) managing disaster risk comprehensively, the second dividend; and (iv) pursuing a synergistic, co-benefits strategy of concurrently managing disaster risks and promoting development, the third dividend.


Book
Capturing the Co-Benefits of Disaster Risk Management on the Private Sector Side
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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In most countries, the private sector owns the vast majority of the buildings and a considerable portion of the infrastructure at risk. However, most investment in disaster risk management is made by the public sector, with the private sector lagging far behind. The situation represents missed opportunities for businesses to capture not only higher levels of the direct benefits of disaster risk management, but also a broader set of co-benefits to themselves and society as a whole. These co-benefits include ways of lowering production costs, improving the health of workers, and contributing to general economic stability. Ironically, many of these co-benefits are more tangible and immediate than ordinary disaster risk management benefits, which may not appear until a disaster has struck many years after the investment has been made. This study analyzes several important facets of private sector investment in disaster risk management, primarily from an economic perspective. It is intended as a first step toward promoting greater investment in disaster risk management by identifying potential co-benefits, explaining why they are not always pursued, and suggesting ways to integrate them into private sector decision-making. The latter includes government incentives, justified on the grounds that many private sector investments have extensive co-benefits, many of which pay dividends to society as a whole.


Book
Flood Risk Governance for More Resilience
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Year: 2020 Publisher: Basel, Switzerland MDPI - Multidisciplinary Digital Publishing Institute

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Flood risks worldwide are being exacerbated due to urbanisation and the consequences of climate change. This poses a challenge to traditional managerial approaches to flood risk management that try to be ‘fail-safe’. This book presents innovative and practical lessons on how to make flood risk management strategies ‘safe-to-fail’ and therewith more resilient. The book focuses on governance – rather than technical/managerial – approaches. As the book shows, new governance strategies are needed that ensure that flood risk management is not left to water managers alone. Various actors, including spatial planners, contingency agencies, NGOs and individual citizens, have a role to play in flood risk governance. Ten chapters assess different case studies from around the globe. These highlight the challenges and good practices related to learning, inter- and transdisciplinary cooperation, and debating and meeting the normative end-goals of flood risk governance. This book is essential reading for grounded scholars, reflexive policymakers and practitioners, and everyone else who is interested in contributing to more resilient and future-proof flood risk governance.


Book
Flood Risk Governance for More Resilience
Authors: ---
Year: 2020 Publisher: Basel, Switzerland MDPI - Multidisciplinary Digital Publishing Institute

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Abstract

Flood risks worldwide are being exacerbated due to urbanisation and the consequences of climate change. This poses a challenge to traditional managerial approaches to flood risk management that try to be ‘fail-safe’. This book presents innovative and practical lessons on how to make flood risk management strategies ‘safe-to-fail’ and therewith more resilient. The book focuses on governance – rather than technical/managerial – approaches. As the book shows, new governance strategies are needed that ensure that flood risk management is not left to water managers alone. Various actors, including spatial planners, contingency agencies, NGOs and individual citizens, have a role to play in flood risk governance. Ten chapters assess different case studies from around the globe. These highlight the challenges and good practices related to learning, inter- and transdisciplinary cooperation, and debating and meeting the normative end-goals of flood risk governance. This book is essential reading for grounded scholars, reflexive policymakers and practitioners, and everyone else who is interested in contributing to more resilient and future-proof flood risk governance.


Book
State of the Art and Future Perspectives in Smart and Sustainable Urban Development
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Year: 2022 Publisher: Basel MDPI - Multidisciplinary Digital Publishing Institute

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This book contributes to the conceptual and practical knowledge pools in order to improve the research and practice on smart and sustainable urban development by presenting an informed understanding of the subject to scholars, policymakers, and practitioners. This book presents contributions—in the form of research articles, literature reviews, case reports, and short communications—offering insights into the smart and sustainable urban development by conducting in-depth conceptual debates, detailed case study descriptions, thorough empirical investigations, systematic literature reviews, or forecasting analyses. This way, the book forms a repository of relevant information, material, and knowledge to support research, policymaking, practice, and the transferability of experiences to address urbanization and other planetary challenges.

Keywords

new town development --- urban entrepreneurialism --- land-driven economy --- Pearl River Delta --- smart cities --- Spain --- networks --- firms --- polycentrism --- socioeconomic resilience --- recession --- Mediterranean Europe --- social learning --- transdisciplinary coproduction --- sustainability transitions --- artificial intelligence (AI) --- artificially intelligent city --- climate change --- planetary challenges --- smart and sustainable cities --- smart city --- technological disruption --- urban policy --- sustainable urbanism --- urban artificial intelligences --- energy transitions --- hydrogen --- energy storage --- vanadium --- flow battery --- industrial ecology --- co-benefits --- multi-generation --- power-to-X --- energy networks --- smart urbanism --- smart and sustainable urban development --- sustainable development --- knowledge-based urban development --- urban governance --- urban transformation --- innovation --- Florianópolis --- Brazil --- stormwater management --- retention basin --- rain garden --- low impact development (LID) --- green infrastructure --- cost analysis --- stormwater modelling --- stormwater quality --- stormwater reuse --- water scarcity --- sustainable urban development --- governance --- urban renewal --- historical buildings protection --- property rights --- citizen centrism --- citizen-centric smart cities --- neoliberal urbanism --- public participation --- participative governance --- participatory planning --- right to the city --- smart citizenship --- social inclusion indicator --- education for sustainable development --- pedagogy --- urban --- multidisciplinary learning --- sustainability monitoring --- sustainability indicators --- community indicators --- quality-of-life --- transparency --- accountability --- participatory governance --- urban morphology --- deep learning --- similarity analysis --- cluster analysis --- feature extraction --- business survival --- economic resilience --- employment portfolio --- risk–return tradeoff --- Europe --- Fuzzy Delphi method --- Hong Kong --- India --- Malaysia --- smart city policy --- smart urbanization --- policy evaluation --- age-in-place --- ageing communities --- naturally occurring retirement communities --- age-friendly cities --- older population --- Brisbane --- Australia --- anonymity --- formal modeling --- location privacy --- mix context --- pseudonyms --- traceability --- VANETs --- urban planning --- more-than-human --- post-Anthropocene --- environmental humanities --- multispecies justice --- sustainable cities --- n/a --- Florianópolis --- risk-return tradeoff


Book
State of the Art and Future Perspectives in Smart and Sustainable Urban Development
Author:
Year: 2022 Publisher: Basel MDPI - Multidisciplinary Digital Publishing Institute

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Abstract

This book contributes to the conceptual and practical knowledge pools in order to improve the research and practice on smart and sustainable urban development by presenting an informed understanding of the subject to scholars, policymakers, and practitioners. This book presents contributions—in the form of research articles, literature reviews, case reports, and short communications—offering insights into the smart and sustainable urban development by conducting in-depth conceptual debates, detailed case study descriptions, thorough empirical investigations, systematic literature reviews, or forecasting analyses. This way, the book forms a repository of relevant information, material, and knowledge to support research, policymaking, practice, and the transferability of experiences to address urbanization and other planetary challenges.

Keywords

Research & information: general --- new town development --- urban entrepreneurialism --- land-driven economy --- Pearl River Delta --- smart cities --- Spain --- networks --- firms --- polycentrism --- socioeconomic resilience --- recession --- Mediterranean Europe --- social learning --- transdisciplinary coproduction --- sustainability transitions --- artificial intelligence (AI) --- artificially intelligent city --- climate change --- planetary challenges --- smart and sustainable cities --- smart city --- technological disruption --- urban policy --- sustainable urbanism --- urban artificial intelligences --- energy transitions --- hydrogen --- energy storage --- vanadium --- flow battery --- industrial ecology --- co-benefits --- multi-generation --- power-to-X --- energy networks --- smart urbanism --- smart and sustainable urban development --- sustainable development --- knowledge-based urban development --- urban governance --- urban transformation --- innovation --- Florianópolis --- Brazil --- stormwater management --- retention basin --- rain garden --- low impact development (LID) --- green infrastructure --- cost analysis --- stormwater modelling --- stormwater quality --- stormwater reuse --- water scarcity --- sustainable urban development --- governance --- urban renewal --- historical buildings protection --- property rights --- citizen centrism --- citizen-centric smart cities --- neoliberal urbanism --- public participation --- participative governance --- participatory planning --- right to the city --- smart citizenship --- social inclusion indicator --- education for sustainable development --- pedagogy --- urban --- multidisciplinary learning --- sustainability monitoring --- sustainability indicators --- community indicators --- quality-of-life --- transparency --- accountability --- participatory governance --- urban morphology --- deep learning --- similarity analysis --- cluster analysis --- feature extraction --- business survival --- economic resilience --- employment portfolio --- risk-return tradeoff --- Europe --- Fuzzy Delphi method --- Hong Kong --- India --- Malaysia --- smart city policy --- smart urbanization --- policy evaluation --- age-in-place --- ageing communities --- naturally occurring retirement communities --- age-friendly cities --- older population --- Brisbane --- Australia --- anonymity --- formal modeling --- location privacy --- mix context --- pseudonyms --- traceability --- VANETs --- urban planning --- more-than-human --- post-Anthropocene --- environmental humanities --- multispecies justice --- sustainable cities

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