WG-F Thematic Workshop Floods and Economics

Workshop Floods and Economics Context –Belgian EU Presidency (ES – BE – HU) –Hosted by Flanders (VMM/MOW/CIW) Working title –Floods and Economics: appraising, prioritising and financing FRM measures Date and place –25 – 26 October 2010 in Ghent (Belgium) –back to back with 8th WG-F meeting on 27 October

Workshop Floods and Economics Scope –Economic aspects of the Floods Directive –Synergies with WFD Economics –Methods to assess the impact of floods on assets at risk (economic, social, environmental, cultural) –Methods to appraise and prioritise FRM measures –Financing FRM measures Output –Good practices document on floods and economics

Maastricht topics Level of detail of CBA/MCA –Strategic/detailed Public engagement / stakeholder participation in weighting of criteria Political / public influence <> CBA outcome Demand for –Valuation of non-economic aspects (env., social, cult. her., landscape) –Best practices examples –‘standardised’ cost-benefit criteria or ratios –Catalogue of measures –Catalogue of risk receptors WFD+ benefits or win-win measures WFD- : CBA in FD as justification for derogations EU funding criteria

Workshop Floods and Economics Scoping study early 2010 –Scoping of economic aspects of the Floods Directive –Definition of terms used –Synergies between appraisal of FRM and WFD measures –Catalogue of consequences and related risk receptors –Methods to assess the impact of floods on risk receptors –Catalogue of flood risk management measures –Methods to appraise and prioritise measures –Stakeholder engagement and public participation –Relevant research projects and their results –Identification of gaps in knowledge –Literature references and relevant web links

Workshop Floods and Economics Questionnaire: current and planned best practices in MS –Vulnerability assessment – risk receptors Economic, Societal, Environmental, Cultural heritage –Catalogue of FRM measures and instruments Prevention, Protection, Mitigation, Early warning, Capacity building –Economic assessments Valuation methods and the way they are applied: market prices, replacement value, CV, HP, … Methods to prioritise measures and instruments: CBA, MCA,… Stakeholder participation in these valuation and prioritising processes Examples, internet links –Funding of FRM measures Local, national, EU resources Private investments, PPP Cost recovery and insurance systems

Workshop Floods and Economics Draft programme Monday 25th October 2010 Registration Opening, Keynote address, Maastricht results, Scoping study Coffee break Presentations on experiences with vulnerability assessment, appraising and prioritising flood risk measures and instruments Lunch Breakout sessions Coffee break Wrap-up of breakout sessions Methods to assess impact of floods and of FRM measures on the economy, society, the environment and cultural heritage Evening Programme

Workshop Floods and Economics Tuesday 26th October 2010 –Introduction to the breakout sessions –Breakout sessions part 1 Valuation methods applied on a case Techniques used for the valuation of the different objectives (economic, ecologic, social, …) –Coffee Break –Breakout sessions part 2 Prioritisation methods How to compare the different measures and instruments for all objectives (monetary methods, MCA, effect tables / score tables, …) –Plenary sessions: results of breakout groups –Lunch –Presentations on financing mechanisms, financing scenario’s and EU funding –Breakout sessions –Coffee break –Plenary session –Evening Programme Organising committee: DE,FR,IE,NL,SE,UK,COM

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