The impacts of flooding on well-being and the role of ecosystem-based adaptation
This study aims to improve the understanding of the well-being and intangible impacts of flooding in Thua Thien Hue, Vietnam, and the role of ecosystem-based adaptation in mitigating flood risk.
The research shows the monetary equivalent of subjective well-being (SWB) losses due to flooding. This monetary estimate is derived from finding the amount of monetary compensation that is needed to off-set the well-being loss from flooding. The document present these values in monetary terms (% of annual income) at the household level to show how large these subjective or non-physical impacts are, and that they should not be excluded from flood risk management decision making.
This study highlights the need to integrate intangible impacts into the understanding of how risk is managed both in order to develop better management strategies, but also to make risk management more inclusive and to avoid the vicious cycle that may occur after experiencing floods.
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