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<title data-react-helmet="true">Flood mitigation takeaways – Flood Economics</title>
<meta data-react-helmet="true" name="description" content="Five of the key findings from the flood economics research"/><meta data-react-helmet="true" property="og:title" content="Flood mitigation takeaways"/><meta data-react-helmet="true" property="og:description" content="Five of the key findings from the flood economics research"/><meta data-react-helmet="true" property="og:image" content="https://www.floodeconomics.com/images/share/key_main.png"/><meta data-react-helmet="true" property="fb:app_id" content="878155462284110"/>
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<div id="root"><div class="styles__base___DpZv5 styles__column___3klyD styles__full___3p22y" data-reactroot="" data-reactid="1" data-react-checksum="1617528378"><div class="styles__base___15EZr" data-reactid="2"><div class="styles__base___1fTlk styles__position-fixed___12lLi styles__top-0___1R9MX styles__left-0___1_8Ag styles__right-0___3EHAk styles__float-left___2IV3I" data-reactid="3"><div data-reactid="4"><div class="style__productBanner___vShDj" data-reactid="5"><div class="style__dsNotificationError___j8c7J" data-reactid="6"><p class="style__bannerTextMain___1S-V3" data-reactid="7">Effective from September 25, 2020, Flood Economics will no longer be available and the site will be taken down.</p><p class="style__bannerTextSub___2VctQ" data-reactid="8"><!-- react-text: 9 -->Please be sure to download or save any information you wish to reference in the future. For more information on Flood Mitigation, visit <!-- /react-text --><a href="https://www.fema.gov/emergency-managers/risk-management" class="style__dsNavigationLink___3yCF6" data-reactid="10">https://www.fema.gov/emergency-managers/risk-management</a></p></div></div><header class="styles__block___1sQ1u styles__padding-1___2MRcz styles__padding-3-md___2gWvP styles__style-black___3nOBB" data-reactid="11"><div class="styles__base___2Dzxc" data-reactid="12"><div class="styles__base___DpZv5 styles__align-center___1hieq styles__justify-between___38s6h" data-reactid="13"><div class="styles__base___15EZr" data-reactid="14"><div class="styles__base___1fTlk" data-reactid="15"><a class="style__link___36M_L" href="index.html" data-reactid="16"><div class="styles__EIULink___2FyMT styles__inHeader___3nP22" data-reactid="17"><span class="styles__logoWrapper___25nvN" data-reactid="18"><img class="styles__squareLogo___3Y03c" src="/floodeconomics.com/images/logo-eiu-square.png" data-reactid="19"/><img 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data-reactid="32"><a class="styles__link___14xj6" href="flood-mitigation-takeaways.html" data-reactid="33"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="34"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="35"></span></span><span class="styles__linkText___1gesu" data-reactid="36">Flood mitigation takeaways</span></a><a class="styles__link___14xj6" href="how-homeowners-take-action.html" data-reactid="37"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="38"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="39"></span></span><span class="styles__linkText___1gesu" data-reactid="40">How homeowners take action</span></a><a class="styles__link___14xj6" href="communities.html" data-reactid="41"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="42"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="43"></span></span><span class="styles__linkText___1gesu" data-reactid="44">Community case studies</span></a><a class="styles__link___14xj6" href="state-mitigation-analysis.html" data-reactid="45"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="46"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="47"></span></span><span class="styles__linkText___1gesu" data-reactid="48">State mitigation analysis</span></a></div></div></div><div class="styles__base___15EZr" data-reactid="49"><button tabindex="0" class="styles__hamburger___zVdf5 undefined" data-reactid="50"><span class="styles__iconWrapper___2jQ1F styles__icon___1rMBe" data-reactid="51"><span class="isvg pending styles__icon___1uqio" data-reactid="52"></span></span></button></div></div></div></div></div></header><div class="styles__base___1fTlk styles__hide-lg___3fpLc" data-reactid="53"><div class="styles__wrapper___32vmg undefined" data-reactid="54"><a class="styles__link___14xj6" href="flood-mitigation-takeaways.html" data-reactid="55"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="56"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="57"></span></span><span class="styles__linkText___1gesu" data-reactid="58">Flood mitigation takeaways</span></a><a class="styles__link___14xj6" href="how-homeowners-take-action.html" data-reactid="59"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="60"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="61"></span></span><span class="styles__linkText___1gesu" data-reactid="62">How homeowners take action</span></a><a class="styles__link___14xj6" href="communities.html" data-reactid="63"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="64"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="65"></span></span><span class="styles__linkText___1gesu" data-reactid="66">Community case studies</span></a><a class="styles__link___14xj6" href="state-mitigation-analysis.html" data-reactid="67"><span class="styles__iconWrapper___2jQ1F styles__icon___OohwS" data-reactid="68"><span class="isvg pending styles__icon___1uqio styles__iconDark___CeGxU" data-reactid="69"></span></span><span class="styles__linkText___1gesu" data-reactid="70">State mitigation analysis</span></a></div></div></div></div></div><main class="styles__base___15EZr styles__full___Zfz32" data-reactid="71"><div class="styles__pageWrapper___3wPGZ" data-reactid="72"><div data-reactid="73"><!-- react-empty: 74 --><div id="wth" data-reactid="75"><div data-reactid="76"><section class="styles__hero___2ztWT" data-reactid="77"><h1 data-reactid="78">Virtual event</h1><div data-reactid="79">The virtual event has passed but please watch the post-event recording below</div><div data-reactid="80">Building resilience: investing in mitigation to reduce risk</div><div data-reactid="81"><iframe width="560" height="315" src="https://www.youtube.com/embed/HgjBpMS26HY" data-reactid="82"></iframe></div></section><section class="styles__copy___y5w5d" data-reactid="83"><p class="styles__sponsor___36o1b" data-reactid="84"><span data-reactid="85">Exclusive Sponsor: Flood Economics</span><br data-reactid="86"/><!-- react-text: 87 -->Profile: The Flood Economics site was designed and constructed by the Economist Intelligence Unit (EIU) and commissioned by Resilience Action Partners and the Federal Emergency Management Agency (FEMA).<!-- /react-text --></p><p data-reactid="88">Changes in land use and the effects of climate change have contributed to a rise in natural disasters, including floods. Disasters devastate the communities they impact, often requiring emergency intervention, temporary relocation of families and businesses, and costly repairs. How can mitigating climate change and flood risks contribute to more resilient communities? From a financial perspective, how can increased mitigation investment help communities avoid losses and disruption? How can it promote investment, entrepreneurship and innovation in areas where the frequency of natural disasters has previously discouraged businesses and households from saving and building assets?</p><p data-reactid="89">Under the chairmanship of an Economist Group editor, this discussion will convene leading thinkers, policymakers and researchers to examine the business case for investing in flood and natural disaster mitigation actions to lessen the risks faced by communities.</p><h2 data-reactid="90">EVENT</h2><p data-reactid="91"><!-- react-text: 92 -->Wednesday, September 20th<!-- /react-text --><br data-reactid="93"/><!-- react-text: 94 -->Start time: 1:00pm EST<!-- /react-text --><br data-reactid="95"/><!-- react-text: 96 -->End time: 2:00pm EST<!-- /react-text --></p></section><section class="styles__speakers___X-VXR" data-reactid="97"><div class="styles__speakermodule___2BQlI" data-reactid="98"><h2 data-reactid="99">SPEAKERS</h2><div class="styles__pic___3YfNK" data-reactid="100"><img src="/floodeconomics.com/images/virtual-event/01_Joe_cordes.png" alt="Jospeh Cordes" data-reactid="101"/></div><div class="styles__bio___2umL9" data-reactid="102"><div class="styles__name___36JPk" data-reactid="103">Joseph Cordes</div><div class="styles__title___3yO0n" data-reactid="104">Associate director, Trachtenberg School and co-director, Regulatory Studies Center, George Washington University</div><div data-reactid="105">A national economic expert, Joseph has served as consultant to: Washington, DC Tax Revision Commission, the RAND Corporation, and numerous government agencies including the Congressional Budget Office, Internal Revenue Service Office of Research, the U.S. Treasury Department, National Institute of Standards and Technology, and the National Research Council.</div></div></div><div class="styles__speakermodule___2BQlI" data-reactid="106"><div class="styles__pic___3YfNK" data-reactid="107"><img src="/floodeconomics.com/images/virtual-event/02_Bessie.png" alt="Bessie Schwarz" data-reactid="108"/></div><div class="styles__bio___2umL9" data-reactid="109"><div class="styles__name___36JPk" data-reactid="110">Bessie Schwarz</div><div class="styles__title___3yO0n" data-reactid="111"><!-- react-text: 112 -->Co-founder and chief executive<!-- /react-text --><br data-reactid="113"/><!-- react-text: 114 -->Cloud to Street<!-- /react-text --></div><div data-reactid="115">Cloud to Street’s web platform leverages satellite imagery, machine learning, social science, and community intelligence to dynamically detect floods within seconds, using predictive analytics to determine disaster impact. In partnership with Google and Dartmouth Flood Observatory, Cloud to Street will release the largest database of flood maps.</div></div></div><div class="styles__speakermodule___2BQlI" data-reactid="116"><div class="styles__pic___3YfNK" data-reactid="117"><img src="/floodeconomics.com/images/virtual-event/03_Edgar_Westerhoff.png" alt="Edgar Westerhof" data-reactid="118"/></div><div class="styles__bio___2umL9" data-reactid="119"><div class="styles__name___36JPk" data-reactid="120">Edgar Westerhof</div><div class="styles__title___3yO0n" data-reactid="121"><!-- react-text: 122 -->Flood risk and resiliency lead<!-- /react-text --><br data-reactid="123"/><!-- react-text: 124 -->North America, Arcadis<!-- /react-text --></div><div data-reactid="125">Edgar is a water consultant with 18 years of experience in integrated urban water management. He has a deep understanding of urban and industrial flood proofing concepts, infrastructure planning and design, sustainable urban water management and development. Edgar is Rockefeller Foundation 100RC’s participation lead for the US.</div></div></div><div class="styles__speakermodule___2BQlI" data-reactid="126"><div class="styles__pic___3YfNK" data-reactid="127"><img src="/floodeconomics.com/images/virtual-event/04_BJ_Murphy.png" alt="BJ Murphy" data-reactid="128"/></div><div class="styles__bio___2umL9" data-reactid="129"><div class="styles__name___36JPk" data-reactid="130">BJ Murphy</div><div class="styles__title___3yO0n" data-reactid="131">Mayor, Kinston, North Carolina</div><div data-reactid="132">Murphy was sworn in as Mayor of Kinston in December 2009 and elected to his second term in 2013. He’s led the community through two major hurricanes, Irene and Matthew and serves several boards including: NCWorks Commission, Lenoir County Committee of 100, Lenoir County Transportation Commission. </div></div></div><div class="styles__speakermodule___2BQlI" data-reactid="133"><div class="styles__pic___3YfNK" data-reactid="134"><img src="/floodeconomics.com/images/virtual-event/04_Andrew.png" alt="Andrew Martin" data-reactid="135"/></div><div class="styles__bio___2umL9" data-reactid="136"><div class="styles__name___36JPk" data-reactid="137">Andrew Martin</div><div class="styles__title___3yO0n" data-reactid="138">Risk analysis branch chief and mitigation liason, FEMA Region II</div><div data-reactid="139">Mr. Martin and his team develop Flood Insurance Studies, provides hazard mitigation planning, building sciences, dam safety, flood, and seismic risk reduction support for communities in New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands to help build more resilient communities.</div></div></div><div class="styles__speakermodule___2BQlI" data-reactid="140"><div class="styles__pic___3YfNK" data-reactid="141"><img src="/floodeconomics.com/images/virtual-event/04_Hillary_Steiner.png" alt="Hilary Steiner" data-reactid="142"/></div><div class="styles__bio___2umL9" data-reactid="143"><div class="styles__name___36JPk" data-reactid="144">Hilary Steiner (Moderator)</div><div class="styles__title___3yO0n" data-reactid="145"><!-- react-text: 146 -->Global Director, Public Policy<!-- /react-text --><br data-reactid="147"/><!-- react-text: 148 -->Economist Intelligence Unit<!-- /react-text --></div><div data-reactid="149"></div></div></div></section></div></div></div></div></main><div class="styles__base___15EZr" data-reactid="150"><nav data-reactid="151"><div class="styles__menu___3vBe7" data-reactid="152"><div class="styles__base___1fTlk styles__text-right___NZokr" data-reactid="153"><div class="styles__block___1sQ1u styles__padding-1___2MRcz 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