adapt project: towards an integrated decision tool for adaptation measures case study: floods...

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ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle, 12 November 2008 Eve Giron CEESE-ULB Delphine Sacré CEESE-ULB Walter Hecq CEESE-ULB

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Page 1: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

ADAPT Project: Towards an integrated decision tool for

adaptation measuresCase study: floods

Economic aspectsFourth Follow Up Committee Meeting

Uccle, 12 November 2008Eve Giron CEESE-ULB

Delphine Sacré CEESE-ULBWalter Hecq CEESE-ULB

Page 2: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

Economic damage categories

DirectIndirect

Tangible Tangible IntangibleIntangible

A) Some reminders Identification of categories of flood damage

- Buildings- Household goods- Cars- …

- Loss of life- Biodiversity loss- Spread of pollution & toxics- Stress / disruption of households & populations-Quality loss of water-…

- Production losses- Market disturbances- Impact on land values- Lost income- …

- Reduced competitiveness- Increased vulnerability of economic actors- Worry about the future- Stress- …

Physical water contact

No physical water contact

Page 3: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

A) Some reminders Identification of categories of flood damage

Statistical analysis Heavy rains from 25 January to 28 February 2002 (Ourthe)

Jan - Feb 2002Esneux

Housing € Number

Household goods € Number

Business € Number

Total € Number

Souverain Pré 1.028 2 731 1 - - 1.759 3

Hony 35.227 26 25.900 25 947 1 62.074 52

Méry 5.624 10 4.784 6 5.266 1 15.674 17

Tilff 8.697 9 1.561 3 12.747 1 23.005 13

Total 50.576 47 32.976 35 18.960 3 102.511 85

Page 4: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

B) State of progress : Damage functions (buildings)

•Literature analyses

Y = 2*x² + 2*x « Atlas du Rhin 2001 »

Y = HV * ² wd “B. Büchele & al., 2006”

Y = 7119,37 * wd + 12988,66 Collection “étude & synthèse”

Y = damages (in relative or absolute term)X = wd (m)Wd = Water depth (m)HV = House value (€)

Page 5: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

Y = 2x2 + 2x

•Adaptation with database of our case studies and choice of the damage function

x = water level recorded during the flood in “m”                   Y = damage percentage in % (Example of the study of « Atlas du Rhin 2001 »)

•Estimation of the house value (HV) ( Relative Absolute)

Y = (2x2 + 2x )*HV/100

•Validation with real data (Disaster Fund)

B) State of progress : Damage functions

Page 6: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

B) State of progress: Estimation of the house value

A) House value

• First idea: cadastral income (CI) not representative

Real value = CI / 5,3 %

• Empirical functions :

HV (€) = 125000 + 112 * CI (€) HV (€) = S (m²) * 39,4 (€/m²) * 33 C F = 0,6

Page 7: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

B) Damage functions : Results

Page 8: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

Thank you for your attention

Page 9: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

B) Damage functions : Results Map of economic damages

Extend degree :

Page 10: ADAPT Project: Towards an integrated decision tool for adaptation measures Case study: floods Economic aspects Fourth Follow Up Committee Meeting Uccle,

The ADAPT-project