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IWP Research Seminar

Risk, Time and Type Preferences for Climate Change Adaptation Measures

In the coming decades, large investments in flood protection infrastructure will have to be made to protect coastal cities against climate change. Such investments require careful evaluation as they may have significant impacts on ecosystem services, in addition to providing flood protection benefits. As climate change is surrounded by many uncertainties and evolves over decades, and as flood protection infrastructure usually has long lifespans, these investments are basically a choice to incur costs now for uncertain benefits from flood risk reduction in the future. Hence, understanding society’s preferences for flood protection infrastructure is important to generate support for the climate adaptation measures and maximise welfare. This presentation discusses the results of a survey with a choice experiment among 550 residents to assess people’s preferences for measures to protect Singapore against increasing flooding risk due to climate change. The survey focussed on people’s preferences for the level of flood risk, postponing investments and the use of nature-based solutions.

Please note that registrants will receive an email with a link to join the webinar on Zoom a day before the event. The webinar will also be live-streamed on the IWP Facebook Page.
Virtual Webinar via Zoom
Mon 20 September 2021
11:00 AM - 12:15 PM

Dr Joost Buurman

Dr Joost Buurman

Deputy Director & Senior Research Fellow, Institute of Water Policy, Lee Kuan Yew School of Public Policy, National University of Singapore

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Dr Hoon Cheol Shin

Dr Hoon Cheol Shin

Postdoctoral Fellow, Institute of water policy, Lee Kuan Yew School of Public Policy, National University of Singapore

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