scholarly journals A Case Study of Preliminary Cost-Benefit Analysis of Building Levees to Mitigate the Joint Effects of Sea Level Rise and Storm Surge

Water ◽  
2018 ◽  
Vol 10 (2) ◽  
pp. 169 ◽  
Author(s):  
Binbin Peng ◽  
Jie Song
Keyword(s):  
Sea Level Rise ◽  
Sea Level ◽  
Storm Surge ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Joint Effects

scholarly journals Cost-Benefit Analysis of Mixing Gray and Green Infrastructures to Adapt to Sea Level Rise in the Vietnamese Mekong River Delta

2020 ◽  
Vol 12 (24) ◽  
pp. 10356
Author(s):  
Pham Thi Oanh ◽  
Makoto Tamura ◽  
Naoko Kumano ◽  
Quang Van Nguyen
Keyword(s):  
Sea Level Rise ◽  
Sea Level ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Well Being ◽  
River Delta ◽  
Mekong River ◽  
Economic Damage ◽  
Benefit Analysis ◽  
Mekong River Delta

This study evaluated inundation impacts and the economic damage resulting from sea level rise (SLR) in the Vietnamese Mekong River Delta (VMRD), and identified the effectiveness of mixing gray and green infrastructures using cost-benefit analysis. The results showed that the VMRD could potentially be heavily affected by SLR. Without the implementation of proper adaptations, more than 90% of this area could be below sea level and nearly 20 million people could be affected by inundation by the end of the 21st century. The total economic damage could reach more than 22,000 billion US$ (2010 real value) by 2100 with no discount rate. These threats may increase the pressure on the region to ensure well-being, equity, and progress towards achieving sustainable development goals. However, achieving these goals will require the implementation of adaptations for upgrading and restoring in the region. This study assessed the effectiveness of adaptations and demonstrated that mixing gray and green infrastructures could benefit coastal inhabitants at a cost of 12 to 19 billion US$.

scholarly journals Cost-benefit analysis of coastal flood defence measures in the North Adriatic Sea

2021 ◽  
Author(s):  
Mattia Amadio ◽  
Arthur H. Essenfelder ◽  
Stefano Bagli ◽  
Sepehr Marzi ◽  
Paolo Mazzoli ◽  
...  
Keyword(s):  
Sea Level Rise ◽  
Sea Level ◽  
Adriatic Sea ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Losses ◽  
Benefit Analysis ◽  
Relative Sea Level ◽  
The North ◽  
North Adriatic Sea

Abstract. The combined effect of global sea level rise and local subsidence phenomena poses a major threat to coastal settlements. Flooding events are expected to grow in frequency and magnitude, increasing the potential economic losses and costs of adaptation. In Italy, a large share of the population and economic activities are located along the coast of the peninsula, although risk of inundation is not uniformly distributed. The low-lying coastal plain of Northeast Italy is the most sensitive to relative sea level changes. Over the last half a century, the entire north-eastern Italian coast has experienced a significant rise in relative sea level, the main component of which was land subsidence. In the forthcoming decades, sea level rise is expected to become the first driver of coastal inundation hazard. We propose an assessment of flood hazard and risk linked with extreme sea level scenarios, both under historical conditions and sea level rise projections at 2050 and 2100. We run a hydrodynamic inundation model on two pilot sites located in the North Adriatic Sea along the Emilia-Romagna coast: Rimini and Cesenatico. Here, we compare alternative risk scenarios accounting for the effect of planned and hypothetical seaside renovation projects against the historical baseline. We apply a flood damage model developed for Italy to estimate the potential economic damage linked to flood scenarios and we calculate the change in expected annual damage according to changes in the relative sea level. Finally, damage reduction benefits are evaluated by means of cost-benefit analysis. Results suggest an overall profitability of the investigated projects over time, with increasing benefits due to increased probability of intense flooding in the next future.

scholarly journals The ALARP Principle in the Cost-Benefit Analysis for the Acceptability of Investment Risk

2018 ◽  
Vol 10 (12) ◽  
pp. 4668 ◽  
Author(s):  
Antonio Nesticò ◽  
Shuquan He ◽  
Gianluigi De Mare ◽  
Renato Benintendi ◽  
Gabriella Maselli
Keyword(s):  
Cost Benefit Analysis ◽  
Risk Mitigation ◽  
Cost Benefit ◽  
Economic Evaluations ◽  
Investment Risk ◽  
Benefit Analysis ◽  
Mitigation Design ◽  
The Cost

The process of allocating financial resources is extremely complex—both because the selection of investments depends on multiple, and interrelated, variables, and constraints that limit the eligibility domain of the solutions, and because the feasibility of projects is influenced by risk factors. In this sense, it is essential to develop economic evaluations on a probabilistic basis. Nevertheless, for the civil engineering sector, the literature emphasizes the centrality of risk management, in order to establish interventions for risk mitigation. On the other hand, few methodologies are available to systematically compare ante and post mitigation design risk, along with the verification of the economic convenience of these actions. The aim of the paper is to demonstrate how these limits can be at least partially overcome by integrating, in the traditional Cost-Benefit Analysis schemes, the As Low as Reasonably Practicable (ALARP) logic. According to it, the risk is tolerable only if it is impossible to reduce it further or if the costs to mitigate it are disproportionate to the benefits obtainable. The research outlines the phases of an innovative protocol for managing investment risks. On the basis of a case study dealing with a project for the recovery and transformation of an ancient medieval village into a widespread-hotel, the novelty of the model consists of the characterization of acceptability and tolerability thresholds of the investment risk, as well as its ability to guarantee the triangular balance between risks, costs and benefits deriving from mitigation options.

scholarly journals Assessing storm surge hazard and impact of sea level rise in the Lesser Antilles case study of Martinique

2017 ◽  
Vol 17 (9) ◽  
pp. 1559-1571 ◽  
Author(s):  
Yann Krien ◽  
Bernard Dudon ◽  
Jean Roger ◽  
Gael Arnaud ◽  
Narcisse Zahibo
Keyword(s):  
Sea Level Rise ◽  
Sea Level ◽  
Storm Surge ◽  
Numerical Models ◽  
Lesser Antilles ◽  
Adaptation Measures ◽  
Worst Case ◽  
Mitigation And Adaptation ◽  
The Impact

Abstract. In the Lesser Antilles, coastal inundations from hurricane-induced storm surges pose a great threat to lives, properties and ecosystems. Assessing current and future storm surge hazards with sufficient spatial resolution is of primary interest to help coastal planners and decision makers develop mitigation and adaptation measures. Here, we use wave–current numerical models and statistical methods to investigate worst case scenarios and 100-year surge levels for the case study of Martinique under present climate or considering a potential sea level rise. Results confirm that the wave setup plays a major role in the Lesser Antilles, where the narrow island shelf impedes the piling-up of large amounts of wind-driven water on the shoreline during extreme events. The radiation stress gradients thus contribute significantly to the total surge – up to 100 % in some cases. The nonlinear interactions of sea level rise (SLR) with bathymetry and topography are generally found to be relatively small in Martinique but can reach several tens of centimeters in low-lying areas where the inundation extent is strongly enhanced compared to present conditions. These findings further emphasize the importance of waves for developing operational storm surge warning systems in the Lesser Antilles and encourage caution when using static methods to assess the impact of sea level rise on storm surge hazard.

Allocation of Environmental Remediation Funds Using Economic Risk-Cost-Benefit Analysis: A Case Study

1996 ◽  
Vol 16 (4) ◽  
pp. 95-105 ◽  
Author(s):  
Bruce R. James ◽  
Dale D. Huff ◽  
John R. Trabalka ◽  
Richard H. Ketelle ◽  
Craig T. Rightmire
Keyword(s):  
Environmental Remediation ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Economic Risk ◽  
Risk Cost
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