Removing development incentives in risky areas promotes climate adaptation
Hannah Druckenmiller,
Yanjun Liao,
Sophie Pesek
et al.
Abstract:As natural disasters grow in frequency and intensity with climate change, limiting the populations and properties in harm’s way will be key to adaptation. This study evaluates one approach to discouraging development in risky areas—eliminating public incentives for development, such as infrastructure investments, disaster assistance and federal flood insurance. Using machine learning and matching techniques, we examine the Coastal Barrier Resources System (CBRS), a set of lands where these federal incentives h… Show more
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