Efficiently reducing natural hazard risks requires a thorough understanding of the costs of natural hazards. Current methods to assess these costs employ a variety of terminologies and approaches for different types of natural hazards and different impacted sectors. This may impede efforts to ascertain comprehensive and comparable cost figures. In order to strengthen the role of cost assessments in the development of integrated natural hazard management, a review of existing cost assessment approaches was undertaken. This review considers droughts, floods, coastal and Alpine hazards, and examines different cost types, namely direct tangible damages, losses due to business interruption, indirect damages, intangible effects, and the costs of risk mitigation. This paper provides an overview of the state-of-the-art cost assessment approaches and discusses key knowledge gaps. It shows that the application of cost assessments in practice is often incomplete and biased, as direct costs receive a relatively large amount of attention, while intangible and indirect effects are rarely considered. Furthermore, all parts of cost assessment entail considerable uncertainties due to insufficient or highly aggregated data sources, along with a lack of knowledge about the processes leading to damage and thus the appropriate models required. Recommendations are provided on how to reduce or handle these uncertainties by improving data sources and cost assessment methods. Further recommendations address how risk dynamics due to climate and socio-economic change can be better considered, how costs are distributed and risks transferred, and in what ways cost assessment can function as part of decision support

The vertical accretion of salt marshes is mainly due to flow reduction and wave damping by vegetation. However, the details of the hydrodynamics are only partially understood, and have been studied mainly in the laboratory. This study presents detailed field investigations of the water flow in a Spartina maritima salt-marsh in the Ria Formosa, a shallow, meso-tidal lagoon in Southern Portugal. Detailed velocity profiles were obtained within and above the 30 cm high canopy using a high-precision velocimeter. Results show that the influence of the bottom becomes negligible a few centimetres above the bed, and that the flow depends on the vegetation density at each level of the canopy. When the canopy is partially emergent or is only slightly submerged, the upward increase of horizontal velocity is roughly linear. A more drastic flow reduction exists when the canopy is well submerged, with a slow, nearly constant velocity in the denser part of the canopy and a faster, logarithmic shaped velocity profile above. This dampening effect of the vegetation is expected to promote sedimentation. However, the short-term sedimentation rate obtained with sediment traps during fair-weather conditions is usually lower in the Spartina marsh than in the surrounding areas. Therefore, the effect of the Spartina canopy for sediment accumulation seems to be more that of erosion protection during storms than of sedimentation enhancement during normal conditions. Using these results, a simple conceptual model is proposed for the sedimentary processes taking place in the intertidal areas of the studied lagoon.

The definition of storm morphological thresholds along the coast of the Emilia-Romagna Region strictly depends on its configuration and variability. The region is located in northern Italy, facing the Adriatic Sea. The coastline is characterised by very different levels of economic development, ranging from natural zones with dunes to highly developed stretches protected by breakwaters and groynes. The Integrated Coastal Zone Management effort is mainly concentrated on preserving urban areas that generate significant income for the regional economy. Natural areas, while small in comparison to the urbanised zone, are important for environment preservation. Because of such a multiplicity of issues at stake, it was decided to produce two different thresholds: one for the morphological impact on natural sectors and another for inundation and damage to structures along urbanised zones. The “forcing” component of the threshold definition for natural areas was calculated by summing the effects of surge + tide + waves (run-up elevation) to find the Maximum Water Level (MWL) reached by the sea during one, ten and one-hundred year storm return periods. For urbanised zones, historical storm information was collected starting from the 1960s in order to identify the forcing conditions causing real damages. Each storm was classified in terms of wave height, period, direction and surge level. Morphological information were obtained from Lidar flights performed in 2003 and 2004 and from direct surveys undertaken in September 2008 and February 2009 as part of the monitoring programme for the MICORE Project. The computed MWL for each return period was then compared to beach elevations along natural areas in order to calculate the Dune Stability Factor (DSF), an index that accounts for the eroded sediment volume above the MWL during a storm. Based on analysis along 41 profile lines at a 500 m spacing, it was found that the 1-in-1 year return period wave height + 1-in-1 year return period surge are able to erode and/or overwash 2/3 of the dunes. The historical storm hydrodynamic information was used to estimate which wave and surge conditions are able to inundate at least 2/3 of the beach profiles. The MWL was again compared to beach elevations, this time along 63 anthropogenic profiles spaced 500 m apart (or 1/3 of the urbanised coastline). It was found that a wave heights >= 2 m and surge + tide levels >= 0.7 m are able to flood between 18% and 36% of the built-up coast. The defined thresholds are related to the present coastal characteristics and are not “static”, meaning that they are likely to change according to future evolution of the coastline. They are very important because they can be used as thresholds to issue warnings and alert the Civil Protection. Moreover they are the first thresholds defined for the Emilia-Romagna coastline and will be used as starting values to generate “dynamic” thresholds based on numerical model predictions of morphological change for a given wave and surge level

The proposed ‘cost assessment cycle’ is a framework for the integrated cost assessment of natural hazard