WP5 - Coastal Flood Risk Management
Work Package 5 (WP5) will implement case studies on coastal flood risk management (CFRM). The objective of the work package is to identify win-win strategies, sustainable business models and enabling environments that contribute to flood risk reduction and link adaptation with sustainable development goals. This will be illustrated in a number of case studies in different parts of the world and in different institutional settings. Case studies will include CFRM projects in the Netherlands, Germany (Baltic Coast), Indonesia and Shanghai. These case studies will be done building on results from other work packages in order to gain insight in, and work towards creating enabling environments in policies, and creating investment opportunities through illustrating win-win strategies.
Coastal adaptation is often characterised by large investments with long planning horizon, and very diverse beneficiaries. Interventions are almost exclusively financed by public means. However, public budgets are under increasing pressure, resulting in increasingly difficult access to funds for public investments in the developed world and often very limited availability in the developing world. The case studies will be used to illustrate alternative sources of financing for coastal adaptation both from public and private sources.
Based on the case studies potential strategies will be identified together with stakeholders and possible additions from the literature. Also, suitable adaptation pathways will be identified and assessed in terms of cost-effectiveness as well as social and environmental climate goals. Different drivers, including climate change and demographic and economic developments will be taken into account. Insights will be generated on the most cost effective adaptation and investment pathways and possible win-win or low-regret strategies.
GCF, UOXF, Ground Up Association, DELTARES, IASS