1887

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.

English

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....

English

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 Regional Economics (includes Regional Data); E20: Macroeconomics and Monetary Economics / Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy / Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data); Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters and Their Management; Global Warming
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