2015
DOI: 10.1016/j.jenvman.2015.02.016
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Impacts of rainfall variability and expected rainfall changes on cost-effective adaptation of water systems to climate change

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Cited by 23 publications
(9 citation statements)
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“…The mortality from diarrhoea-related diseases worldwide extents to 2.2 million people each year [ 5 , 6 , 7 ]. With a rapidly growing global population, increasing environmental degradation and the multifaceted impacts of climate change, water demand is expected to increase dramatically by nearly one-third in all major use sectors by 2050 [ 8 , 9 , 10 ]. In sub-Saharan Africa, the situation (water quantity and quality) is particularly acute due to global warming, the expansion of the Sahara Desert, civil unrest and poor governance, population growth, migration and poverty [ 11 ].…”
Section: Introductionmentioning
confidence: 99%
“…The mortality from diarrhoea-related diseases worldwide extents to 2.2 million people each year [ 5 , 6 , 7 ]. With a rapidly growing global population, increasing environmental degradation and the multifaceted impacts of climate change, water demand is expected to increase dramatically by nearly one-third in all major use sectors by 2050 [ 8 , 9 , 10 ]. In sub-Saharan Africa, the situation (water quantity and quality) is particularly acute due to global warming, the expansion of the Sahara Desert, civil unrest and poor governance, population growth, migration and poverty [ 11 ].…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, these data are used for extreme event analyses, e.g., for the evaluation of insurance damage claims (Spekkers et al, 2013) or for operational warnings (Montesarchio et al, 2009). Operational rainfall data are becoming increasingly important because of the ongoing climate change (van der Pol et al, 2015) as the intensity and frequency of heavy rainfall in many areas around the world are expected to increase (Willems et al, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…In some studies (Gersonius et al 2013;Linquiti and Vonortas 2012), the probabilities have been be obtained with the same formula as in the financial option model which is based on the assumption that the logarithm of the underlying uncertain parameter, here rainfall, follows a stochastic process called geometric Brownian motion (GBM) (see Cox et al (2002) for an overview). Moving window processes have also been applied (van Der Pol et al 2015). In a next step, the climate data need to be linked to a hydrological model.…”
Section: Adapting To Flood Risk: Applying Real Options Analysismentioning
confidence: 99%
“…Equation 4 presents an example of a cost-effectiveness problem set up as a Bellman equation which is solved recursively (van Der Pol et al 2015).…”
Section: Adapting To Flood Risk: Applying Real Options Analysismentioning
confidence: 99%