Climate Resilient Road Assets in Albania

Abstract

Structure of the report 2 Albania Disaster Profile and Road Network 2.1 Disaster Profile 2.2 Climate and projections for the future 2.3 The road network 3 Risk Assessment 3.1 Introduction 3.2 Weather and climate change 3.3 Flooding hazard 3.4 Seismic hazard 3.5 Landslide hazard 3.6 Summary of multi-hazard risk assessment 3.7 Criticality 4 Mitigation Measures and Cost Benefit Analysis 4.1 Measures for flood hazard 4.2 Measures for Seismic hazard 4.3 Measures for Landslide hazard 4.4 Measures per corridor 4.5 Decision making under deep uncertainty 5 Conclusions, Recommendations and Areas for Improvement Appendix A: Risk Assessment Methodology and Analysis Appendix B: Detailed Results from Flooding CBA

Investment in Disaster Risk Management in Europe Makes Economic Sense

“…Additional observations are illustrated in Figure 20, and the following section elaborates on findings further, by hazard and by intervention type. Bank (2007), Spray ), Hölzinger & Haysom (2017), Gauderis, et al (2005; 2 Earthquake results from World Bank (2018aBank ( , 2019cBank ( , 2019aBank ( , 2019d; 1 Landslide result from Xiong & Alegre (2019); 2 Pandemics/Epidemics results from Master, et al (2017), GHRF Commission (2016; 1 Oil Spill result from European Commission ( 2020 Bank (2007), Spray (2016), Grossmann & Hartje (2012), Hölzinger & Haysom (2017), Gauderis, et al (2005; 2 Earthquake results from World Bank (2018aBank ( , 2019cBank ( , 2019aBank ( , 2019d Bank (2007), Spray ), Hölzinger & Haysom (2017), Gauderis, et al (2005; 2 Earthquake results from World Bank (2018aBank ( , 2019cBank ( , 2019aBank ( , 2019d Note: The figure shows the distribution of external rates of return (ERRs) for disaster risk management investments by the different type of hazards, based on a five-number summary: minimum (shown in orange), first quartile, median (shown in red), third quartile, and maximum (shown in orange). The outliers are shown as dots.…”

“…Applied research is critical to develop the data and approaches to monetize these crucial co-benefits for inclusion in future economic analyses. Bank (2007), Spray ), Hölzinger & Haysom (2017), Gauderis, et al (2005; 2 Earthquake results from World Bank (2018aBank ( , 2019cBank ( , 2019aBank ( , 2019d; 1 Landslide result from Xiong & Alegre (2019); 2 Pandemics/ Epidemics results from Masters, et al (2017), GHRF Commission (2016; 1 Oil Spill result from European Commission ( 2020)). Investments aimed at achieving and integrating multiple objectives make technical, financial, and social sense.…”

“…A study in Albania on reducing transport disruptions from landslide found BCRs of between 0.1 and 1.1, with the highest returns on investment in main transport corridors (Xiong & Alegre, 2019); see Figure 31 for a map showing the primary network considered for the project and…”