@article{Daigneault:169398,
      recid = {169398},
      author = {Daigneault, Adam J. and Brown, Pike and Gawith, David},
      title = {COSTS AND BENEFITS OF ECOSYSTEM-BASED ADAPTATION  FOR  FLOOD RISK REDUCTION IN FIJI},
      address = {2014},
      number = {329-2016-13144},
      series = {Paper},
      pages = {39},
      year = {2014},
      abstract = {This paper quantifies the economic impacts of flooding in  the Ba River and Penang River catchments in Viti Levu,  Fiji. We conducted a detailed assessment of flood damage  stemming from two major flooding events in 2012 that  severely affected the two important catchments, primarily  by using evidence from a novel survey administered in early  2013. We combine these empirical measures of damage with  GIS data to estimate total damages from flooding and find  that the January 2012 flood caused FJ$36.4 and FJ$12.2 in  damages for the Ba River and Penang River catchments,  respectively, while the March 2012 flood caused FJ$24.1 and  FJ$8.4 in damages for the Ba River and Penang River  catchments, respectively. We then estimate the cost of  future flooding under moderate and severe climate change  projections. Flooding is projected to become more frequent  and more severe under both scenarios, with annual losses  increasing by 100% with moderate climate change and by 300%  with severe climate change. For perspective, damages from a  1-in-50 year flood, which is the estimated return period of  the January 2012 event, are projected to cause between  FJ$76.5 and FJ$153 million in damages in the Ba River  Catchment under these two scenarios.},
      url = {http://ageconsearch.umn.edu/record/169398},
      doi = {https://doi.org/10.22004/ag.econ.169398},
}