OECD Environment Working Papers
This series is designed to make available to a wider readership selected studies on environmental issues prepared for use within the OECD. Authorship is usually collective, but principal authors are named. The papers are generally available only in their original language English or French with a summary in the other if available.
- ISSN: 19970900 (online)
- https://doi.org/10.1787/19970900
Assessing Climate Change Impacts, Sea Level Rise and Storm Surge Risk in Port Cities
A Case Study on Copenhagen
This study illustrates a methodology to assess economic impacts of climate change at city scale,
focusing on sea level rise and storm surge. It is based on a statistical analysis of past storm surges in the
studied city, matched to a geographical-information analysis of the population and asset exposure in the
city, for various sea levels and storm surge characteristics. An assessment of direct losses in case of storm
surge (i.e. of the damages to buildings and building content) can then be computed and the corresponding
indirect losses – in the form of production and job losses, reconstruction duration, amongst other loses –
deduced, allowing a risk analysis of the effectiveness of coastal flood protections, including risk changes
due to climate change and sea level rise. This methodology is applied in the city of Copenhagen, capital of
Denmark, which is potentially vulnerable to the effects of variability in sea level, as a low lying city....
Keywords: CIS, natural disasters, climate change, global warming, government policy, sustainable development
JEL:
Q01: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / General / Sustainable Development;
Q58: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Environmental Economics: Government Policy;
O18: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure;
R10: Urban, Rural, Regional, Real Estate, and Transportation Economics / General Regional Economics / General;
E20: Macroeconomics and Monetary Economics / Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy / Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General;
Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters and Their Management; Global Warming
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