Publication:
Valuing the Benefits of Nature-Based Solutions: A Manual for Integrated Urban Flood Management in China

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dc.contributor.authorWong, Tony
dc.contributor.authorWishart, Marcus
dc.contributor.authorFurmage, Ben
dc.contributor.authorLiao, Xiawei
dc.contributor.authorPannell, David
dc.contributor.authorWang, Jianbin
dc.date.accessioned2021-06-08T19:17:58Z
dc.date.available2021-06-08T19:17:58Z
dc.date.issued2021
dc.description.abstractFloods are the most frequent of all-natural hazards and responsible for causing more damages than any other disasters. Globally, floods are estimated to have affected more than 2 billion people between 1998 and 2018, accounting for 45 percent of all people affected by disasters during that period with an estimated 142,088 fatalities. The immediate impacts of flooding include the loss of human life, livelihoods, damage to property, destruction of crops, loss of livestock, disruption of services, and deterioration of health conditions owing to waterborne diseases, among others. The direct economic losses caused by flooding over the last decade are estimated at US656 billion dollars, although these are systematically under-reported and actual values are likely much higher. When accounting for intangible impacts on human well-being, natural disasters are thought to cost the global economy more than US520 billion dollars a year. This report outlines a comprehensive framework for valuing the benefits associated with NbS for IUFM to facilitate the identification of appropriate and sustainable financing mechanisms to realize those values. Traditional approaches of assessing the benefits of urban flood management have been focused on avoided losses due to reductions in the probability of flooding. A benefit to this approach is that it is simple to calculate and to explain to decision makers. It can also provide information regarding the optimal level of flood risk reduction associated to the direct intervention cost. However, such traditional approaches do not reflect the full range of social, environmental and economic benefits that can be realized by NbS for IUFM. Broader recognition of these benefits, and an evaluation of their value under different circumstances, provides the foundation for capturing non-market values and leveraging private sector and community financing options. The approach described herein builds on the ‘Principles for Valuing Water’ articulated by the High-Level Panel on Water convened by the United Nations and the World Bank Group and includes three common types of flooding (i.e. fluvial, pluvial and coastal) through a five step process.en
dc.identifierhttp://documents.worldbank.org/curated/en/486911622787803268/Valuing-the-Benefits-of-Nature-Based-Solutions-A-Manual-for-Integrated-Urban-Flood-Management-in-China
dc.identifier.doi10.1596/35710
dc.identifier.urihttps://hdl.handle.net/10986/35710
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectURBAN FLOOD MANAGEMENT
dc.subjectFLOOD RISK
dc.subjectRIVER ECOLOGY
dc.subjectFLOOD MITIGATION
dc.titleValuing the Benefits of Nature-Based Solutionsen
dc.title.subtitleA Manual for Integrated Urban Flood Management in Chinaen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleValuing the Benefits of Nature-Based Solutions
okr.date.disclosure2021-06-04
okr.date.doiregistration2025-05-07T10:23:10.198420Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Urban Study
okr.docurlhttp://documents.worldbank.org/curated/en/486911622787803268/Valuing-the-Benefits-of-Nature-Based-Solutions-A-Manual-for-Integrated-Urban-Flood-Management-in-China
okr.guid486911622787803268
okr.identifier.externaldocumentum090224b08865a07c_1_0
okr.identifier.internaldocumentum33129567
okr.identifier.report160000
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/486911622787803268/pdf/Valuing-the-Benefits-of-Nature-Based-Solutions-A-Manual-for-Integrated-Urban-Flood-Management-in-China.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.topicEnvironment::Adaptation to Climate Change
okr.topicEnvironment::Natural Disasters
okr.topicUrban Development::Hazard Risk Management
okr.topicUrban Development::Urban Environment
okr.topicWater Resources::Flood Control
okr.unitWater East Asia & Pacific Region (SEAW1)
relation.isAuthorOfPublication42ffe7c5-46b2-5b63-8af5-e252bbd7e341
relation.isAuthorOfPublication.latestForDiscovery42ffe7c5-46b2-5b63-8af5-e252bbd7e341
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