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Will Miami Survive?

The Dynamic Interplay between Floods and Finance

Kathleen Sullivan Sealey

Ray King Burch

P. -M. Binder

Língua

Inglês

Livro Capa mole

Código Libristo: 19067100

Editoras Springer International Publishing AG, maio 2018

This SpringerBrief takes a complex systems perspective to integrate risk, financial, and ecological... Descrição completa

Código Libristo: 19067100

159 b

65.54 €

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This SpringerBrief takes a complex systems perspective to integrate risk, financial, and ecological issues in an overview of how modern finance, particularly the mortgage market, perceives and manages the risk of climate change. Authors Kathleen Sealey and Ray King Burch offer the case study of South Florida to illustrate how landscapes can be either re-purposed to function ecologically when residents relocate or rebuilt to reduce the threat of future flooding, the tools needed to make these decisions, and how financial systems view and influence them. While the need to integrate financial markets into coastal (and environmental) management is increasingly recognized, the difficulty of this task is made greater by the speed of financial innovation, and the obscurity and complexity of its practices. This book will specially address the innovation of the Southeast Florida Regional Climate Compact, and the success of public-private partnerships in planning and adapting to sea level rise, yet the strange disconnect with the cash-and-credit-driven real estate market of south Florida. The book presents an interdisciplinary approach to study the coupled financial and natural systems in coastal cities, thus breaking new ground in the approach towards, and subject matter of, sustainability research and education. The final chapter introduces the social component of resilience which include pre-disaster outreach with and the potential for game theory to help people understand and manage risk.