Spatial Modeling through GIS Analysis of Flood Risk and Related Financial Vulnerability: Case Study: Turcu River, Romania

Abstract

The present study is part of the context in which Romania adopted the European Parliament Directive 2007/60/EC on flood risk assessment and management. Therefore, the aim of this research is to assess the risk induced by a hydrological hazard, expressed by a financial value estimation, for the Turcu River in the northern sector of the Bran–Dragoslavele transcarpathian corridor (Romania), an important tourist axis where the pressure on land has increased considerably. As a result, the intra-village areas of Moieciu de Sus, Cheia, Moieciu de Jos, Bran and Tohanu Nou have also expanded into areas vulnerable to flooding. There are currently no studies on the areas potentially affected as well as the extent of the possible damage. For this reason, we proceeded to model the water level corresponding to the maximum flow value with a probability exceeding 1%, using HEC-RAS and ArcGIS software. The results of the implementation of the spatial analysis model resulted in the delineation of the floodplain and the assessment of the potential financial loss related to the minimum market value of the land with the related real estate infrastructures. The research reveals that in the 1% band area (78.7841 ha) with water depth > 0.5 m, more than 433 infrastructures are at high risk of flooding, most of them with high real estate value, i.e., 5.61 km of roads for which a cost of EUR 3,402,666.90 was calculated for restoration. A knowledge of financial vulnerability to flooding becomes important for the community; local authorities involved in making decisions for insuring real estate at risk and planning/managing investments work to prevent/combat the effects of flooding.