Towards sustainable economic growth in a dynamic landscape
This project aims to exchange and develop new methods among regional and local authorities to assess the vulnerability and minimize the associated costs in coastal areas generated by future storm surges and coastal erosion. There is a need to develop a simple and an easy-to-use tool that informs decisions in a holistic manner, thus enabling sustainable growth for societies, avoids misplaced investments, and protects natural habitats, landscapes, and cultural heritage. The cost-benefit planning tool will explicitly account for the values of biodiversity and natural habitats which may otherwise be neglected in the protection of infrastructure and private properties. Furthermore, the tool will help to predict how tourists, households and companies react to the increased risk that coastal zone will pose over time and how different management strategies can facilitate optimal trajectories of adaptation. The prediction will be based on an identification of preferences of the recreational attractiveness of the coastal zone, the cultural and natural heritage and the risk of flooding and coastal erosion. A reaction pattern prediction will support regional and local governments in their effort to sustain and foster sustainable growth in their coastal areas. The Danish Project team consists of: 1. The regional government of the Capital region of Denmark 2. Technical University of Denmark: with expertise on engineering and environmental management. Strong track record of integrated flood modelling and total life-cycle assessments. 3. University of Copenhagen: Expertise on environmental economics and landscape planning. Strong track record of spatial econometrics, hedonic house price modelling and choice modelling. 4. Klikovand: . Association of 22 local governments and 13 water utility companies targeting flood risk mitigation in the capital region of Copenhagen. The project team is looking for relevant partners from other regions throughout Europe.