Fall in the sea, eventually? A green paradox in climate adaptation for coastal housing markets

2020 ◽  
Vol 104 ◽  
pp. 102381
Author(s):  
Lee C. Parton ◽  
Steven J. Dundas
2020 ◽  
Vol 12 (3) ◽  
pp. 1097 ◽  
Author(s):  
Kim

This research examines the economic impact of climate change adaptation measures on the housing markets of two representative coastal cities in the United States located along the Atlantic Ocean. The results shed light on how adaptation measures and investments influence housing values and local real estate markets with respect to their place-based and local forms of implementation. Numerous quantitative approaches, with the use of geospatial data, panel-data hedonic regressions, and difference-in-differences analyses, are used to examine changes in property values associated with climate adaptation measures and the dynamics of risk perception. The results also signal how risk perception and hurricane characteristics are reflected in housing markets, thereby shedding light on the effects of anticipatory and reactive adaptation strategies on property values in these coastal communities. Collectively, the study suggests which adaptation strategies and characteristics can contribute to maximizing both community resilience and economic benefits against the weather extremes caused by climate change.


2009 ◽  
pp. 4-25 ◽  
Author(s):  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov

The article analyzes the current economic conditions in Russia. Succession, distribution and the transmission mechanism of the world financial and economic crisis to the Russian economy are considered in this article as well as the changes in the banking system, share and housing markets. Production, consumption and investment on the boundary of 2008-2009 are described. The conclusion about the basic change of conditions of national economy development is presented.


2019 ◽  
Vol 3 (1) ◽  
pp. 1-14
Author(s):  
Philip Brick ◽  
Kent Woodruff

This case explores the Methow Beaver Project (MBP), an ambitious experiment to restore beaver (Castor canadensis) to a high mountain watershed in Washington State, USA. The Pacific Northwest is already experiencing weather regimes consistent with longer term climate projections, which predict longer and drier summers and stronger and wetter winter storms. Ironically, this combination makes imperative more water storage in one of the most heavily dammed regions in the nation. Although the positive role that beaver can play in watershed enhancement has been well known for decades, no project has previously attempted to re-introduce beaver on a watershed scale with a rigorous monitoring protocol designed to document improved water storage and temperature conditions needed for human uses and aquatic species. While the MBP has demonstrated that beaver can be re-introduced on a watershed scale, it has been much more difficult to scientifically demonstrate positive changes in water retention and stream temperature, given hydrologic complexity, unprecedented fire and floods, and the fact that beaver are highly mobile. This case study can help environmental studies students and natural resource policy professionals think about the broader challenges of diffuse, ecosystem services approaches to climate adaptation. Beaver-produced watershed improvements will remain difficult to quantify and verify, and thus will likely remain less attractive to water planners than conventional storage dams. But as climate conditions put additional pressure on such infrastructure, it is worth considering how beaver might be employed to augment watershed storage capacity, even if this capacity is likely to remain at least in part inscrutable.


2015 ◽  
Author(s):  
Dieter Rebitzer ◽  
Mark Renz ◽  
Paolo Colucci
Keyword(s):  

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