Homeowners and flood risk: A disconnect between awareness and actions?

David-Jan Jansen

Working Papers from DNB

Abstract: For homeowners, climate change can have implications through physical as well as transition shocks. Based on two surveys among Dutch homeowners, we find evidence for a disconnect between awareness and intentions to mitigate. Owners of at-risk properties are ten percentage points more likely to see floods as the main threat to their home. However, at-risk owners are also five percentage points less likely to consider improving their property's energy efficiency. Trust in flood protection turns out to be a relevant factor. In particular, at-risk owners with high levels of trust are less likely to consider improvements in energy efficiency. We discuss implications for risk communication.

Keywords: homeownership; floods; mitigation; risk communication (search for similar items in EconPapers)
JEL-codes: D14 Q54 Q56 (search for similar items in EconPapers)
Date: 2023-09
New Economics Papers: this item is included in nep-env and nep-ger
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:dnb:dnbwpp:791

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