Effective adaptation to rising flood risk

Brenden Jongman*

*Corresponding author for this work

Research output: Contribution to JournalComment / Letter to the editorAcademic

Original languageEnglish
Article number1986
Pages (from-to)1-3
Number of pages3
JournalNature Communications
Volume9
DOIs
Publication statusPublished - 29 May 2018

Funding

On a continental level, the European Commission also provides financial relief through the EU Solidarity Fund. This Fund can supplement the financial expenditures of member states for large events. However, the Solidarity Fund is insufficient to cover all eligible losses and does not encourage risk reduction22. Under climate change induced increases in flood extremes, the financial sustainability of the Fund is likely to deteriorate further. Europe, however, is not the only place where financing schemes are dependent on accurate understanding of risk trends. In the United States, new modeling work has shown that the official national flood maps may underestimate flood exposure by a factor 3, which could have important consequences for the national insurance program23.

FundersFunder number
European Commission
European Commission

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