I’m a marine scientist working from local to global scales on natural solutions to reduce disaster & climate risk. I advise govt’s, (re)insurers, development banks, enviro & aid groups. latimes.com/opinion/story/20…
Putting a $ value on the benefits of natural habitats to reduce #floods risk. 👏👏 prof @MikeWBeck for your research on building coastal resilience naturally @AXA Chair @ucsc
ALT Present value of mangrove for flood reduction per ha. Values assume that habitats a 30-year infrastructure asset @4% discount rate. These values represent the break-even point for restoration. For example, near Port au Prince, Haiti mangrove restoration projects that cost less than $168,000 per hectare would have positive return on investment.
We Assess the Return on Investment (ROI) for Nature-Based Solutions (NBS) for Flood Protection
* Mangroves and Reefs can deliver positive ROI in > 20 countries across Carib;
* Results are robust to changes in Discount Rate and Benefits Timing
sciencedirect.com/science/ar…
Some research takes me out of my comfort zone.
Message: Artificial structures (seawalls) don't just create physical barriers, they create mental ones. They breakdown our understanding of what it means to live on coastlines & it's easier to add new scars
nist.gov/news-events/news/20…
The USA will begin to consider nature in national accounts e.g., GDP. With @WorldBank we show that US mangroves provide more than $27 Billion to national wealth for flood protection alone. Thank You Mangroves! Home-Grown Wealth.
openknowledge.worldbank.org/…
Exciting #EarthDay announce that the US will value natural capital. Currently we only value what we Take from Nature (literally everything is based on natural resources). We should value what nature gives in clean water, heat reduction & flood protection.
whitehouse.gov/briefing-room…
Exciting #EarthDay announcement that the US will finally be valuing the capital from our natural assets.
Working with @USGS we show that the wealth of US coral reefs for flood protection is more than $122 Billion!
nature.com/articles/s41893-0….
ALT https://www.nature.com/articles/s41893-021-00706-6
This article discusses rising flood risk and the appropriate use of nature-based and other solutions for addressing them. Since the magazine comes from the folks who do Annual Reviews- the risks and advice are well documented.
knowablemagazine.org/article…
Mike Beck (@mikewbeck), AXA Chair in Coastal Resilience, will open the Coastal Resilience sessions at the #ADBHealthyOceans Tech and Finance Forum 🏖️ Join Mike and learn how to protect and restore coastal and marine ecosystems on 26-28 Jan!
Register: healthyoceans.adb.org
I'm looking forward to kicking off the Coastal Resilience deep dive at ADB's Healthy Oceans Forum later this month. Info on how to register is below.
@ucsc, @UCSCscience
📅 Save the date! 26-28 January 2022 for ADB's first Healthy Oceans Tech and Finance Forum
🤿 30 deep dive and spotlight sessions led by global experts that feature ocean science, innovation, and technologies
🔗Register now at healthyoceans.adb.org#ADBHealthyOceans
Great to work with @thebenshouse on this piece for @UCSCscience highlighting the value of reefs (and wetlands) for storm protection and the innovative ways to invest in them.
Reefs are critical globally for climate adaptation & flood protection (science links below); we can use these benefits to save them. I enjoyed talking with @tongscott on @NPR@hereandnow about how we can use insurance to recover reefs.
wbur.org/hereandnow/2021/11/…