Coastal homeowners in a changing climate
Debra Javeline () and
Tracy Kijewski-Correa ()
Additional contact information
Debra Javeline: University of Notre Dame
Tracy Kijewski-Correa: University of Notre Dame
Climatic Change, 2019, vol. 152, issue 2, No 5, 259-274
Abstract:
Abstract As climate changes, coastal homeowners are potentially crucial actors in reducing the risks to property and human life from rising seas and increased hurricane activity. Absent strict, enforceable regulations mandating retrofitting of existing homes or major changes in homeowner insurance requirements, coastal resilience in a changing climate will largely reflect private, voluntary decisions of millions of individuals. However, research is scarce on the extent of structural vulnerabilities among US coastal homes and the mitigation measures that homeowners are taking or plan to take. Research devoted to disaster preparedness routinely neglects the specific actions of homeowners as consumers of structural mitigation products, despite the fact that such mitigation is the most cost-effective means to reduce losses. We attempt to fill this important gap with a new Coastal Homeowner Survey and indices designed to measure structural vulnerabilities and homeowner actions and intentions to address vulnerabilities. We conducted a pilot study of 662 respondents in one of the most frequently exposed US coastal communities, New Hanover County, North Carolina. We find that, on average, homes are minimally protected, with homeowners taking few actions to address structural vulnerabilities and not considering taking further action. We also find that the perceived cost of mitigation cannot sufficiently explain the lack of action, implying that other factors are at play. Subsequent research will use the remaining pilot survey data to analyze correlates of these indices to inform private and public sector stakeholders on how to incentivize risk reduction through structural mitigations.
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://link.springer.com/10.1007/s10584-018-2257-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:climat:v:152:y:2019:i:2:d:10.1007_s10584-018-2257-4
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10584
DOI: 10.1007/s10584-018-2257-4
Access Statistics for this article
Climatic Change is currently edited by M. Oppenheimer and G. Yohe
More articles in Climatic Change from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().