By Kathleen Schaefer and Deirdre Des Jardins Hurricane Ian has shown the vulnerability of the rapidly growing cities in the Southeast to storm-driven flooding. As reported in the New York Times, in the counties whose residents were told to evacuate, just 18.5 percent of homes have insurance through the National Flood Insurance Program (NFIP) (Flavelle … Continue reading On the “long tail” of flood disaster losses in California
Tag: California floods
California’s FY 2022-23 budget invests little in flood risk reduction
California's FY 2022-23 budget provides huge, once in generation capital investments. And extreme flooding is a growing climate risk, as the ARkStorm 2.0 study by XingYing Huang and Daniel Swain illustrates. In November of 2021, after the extreme flooding in British Columbia, we called for California to prepare for extreme flooding, citing a 2018 study … Continue reading California’s FY 2022-23 budget invests little in flood risk reduction