Category: Hurricanes

Version 4.5.5 of Mitigation Benefit-Cost Analysis (BCA) Toolkit Released

Version 4.5.5 of the Mitigation Benefit-Cost Analysis (BCA) Toolkit was released in August of 2009. The toolkit includes all of the FEMA BCA software, technical guides and tools to conduct a Benefit Cost Analysis. Version 4.5.5 represents a major updat… more »

The Impact of Hurricanes on Housing Prices: Evidence from US Coastal Cities

Abstract: We investigate the effect of hurricane strikes on housing prices in US coastal cities. To this end, we construct a new index of hurricane destruction which varies over time and space. Using this index and an annual, two equation, dynamic equili… more »

The National Flood Insurance Program: Factors Affecting Actuarial Soundness

Introduction and Summary:The main source of insurance against flood damage in the United States is the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA). Some 21,000 communities, covering about 98 p… more »

Climate Change Risks Could Cost Developing Countries Up to 19% of GDP by 2030: Report says action on climate adaptation may significantly reduce losses and increase economic sustainability.

A report from the Economics of Climate Adaptation Working Group released on September 14, 2009 indicates that climate risks could cost nations up to 19% of their GDP by 2030, with developing countries most vulnerable. The report concludes, however, that… more »

Houston/Galveston Region Faces $12 Billion Infrastructure Losses from Climate Change

Galveston-area sea level rise over the next 100 years due to climate change could displace more than 100,000 households and create more than $12 billion in infrastructure losses, according to a report released today commissioned by Environmental Defense… more »