Socio-Economic Resilience to Floods in 90 Countries

Abstract:

Global losses from floods are increasing, with renewed calls for action to reduce their impact. In each country, region or city, many actions can protect the population and help rebuild and recover: building dikes and restoring mangroves; land-use planning; early warning and evacuation; insurance and social safety nets. What should be the priorities? How to build a comprehensive strategy? Is progress being made? We propose a tool – a national-level scorecard based on welfare economics – to assess a country’s socio-economic resilience to river floods and identify the most promising policy options in different contexts to reduce the impact of floods on well-being. The tool is applied to 90 countries using open databases, and can serve as a starting point for designing policies and more in-depth local studies.