New Deep South
Challenge research on flood management funding shows a need for a more
coordinated approach between regional councils, particularly with more
storms and sea-level rise on the horizon. This seminar with Patrick Walsh
will explore council-run "flood mitigation schemes" - both
their effectiveness in reducing flood damage and whether they're
a fair way to manage flood risk.
Flooding is the most economically damaging natural hazard in New Zealand,
and costs will only increase as climate change continues to cause more
flooding. Local and regional councils are responsible for reducing
the impact of flooding, by building stopbanks, for example, or by
stabilising rivers through planting. Councils are also required to
consider flooding when making planning decisions about new property
developments.
Flood mitigation work is expensive and most councils top up their funds
by encouraging property owners in flood-prone areas to institute a flood
mitigation scheme. Neighbourhoods can also campaign to institute a flood
scheme in their area. These schemes use targeted rates to fund additional
flood management.
Yet council-run flood mitigation schemes do not benefit everyone equally.
Property owners in less affluent communities are less likely to join
voluntary funding schemes. These communities are also less likely to
have the leverage or influence needed to lobby their councils about flood
risks or flood protection.
With sea-level rise increasing both the extent of land threatened by
flood, as well as increasing the damage in existing flood risk areas,
these concerns will only increase over time. Without careful
management, inequality could increase alongside increased flooding and
sea-level rise.
Patrick Walsh is a senior economist with Manaaki Whenua Landcare Research (MWLR). Patrick leads MWLR’s Empirical Economics cluste, a team of environmental and agricultural economists working on applied economic research. Patrick specialises in applied econometrics and cost-benefit analysis and researches a range of environmental and natural resource economics issues, including water quality, invasive species, conservation, afforestation and natural hazards. Patrick previously worked at the US Environmental Protection Agency (EPA) in the National Center for Environmental Economics.
Find out more.