Coastal Community Resilience
This session will focus on the ways interconnected human and natural systems affect coastal community resilience and dynamics that influence our local and regional capacity to respond to hazards. Challenges to improving built and natural resilience, such as barriers to implementation and coastal squeeze, may also be incorporated into presentations. Examples topics may include:
- tools and trainings that encourage local communities and individuals to make better preparedness, response, recovery and mitigation decisions such as affordable and resilient housing guidelines, emergency response planning, modeling, and coastal hazards workshops
- assessments that help coastal communities and other sectors, such as fisheries and tourism, quantify their risk and reduce vulnerabilities
- planning and adaptation efforts, especially those that include green infrastructure, renewable energy, and other innovative approaches
- management of natural systems that considers coastal habitats, climate, hazards, and restoration/conservation and integrated components important to planning for the built environment
Presentations that highlight unique partnerships between communities and other entities, such as military installations, natural resource managers, and tourism marketing organizations, to support resilience planning and implementation are also encouraged.
Exploring Innovative Approaches to Understanding and Addressing Insurance Affordability and Availability in the Gulf of Mexico
Coastal hazards (e.g., hurricanes, extreme rainfall, extreme heat) are being exacerbated by climate change. These changing hazards lead to impacts such as worsening flood risk, greater exposure to damaging windspeeds, mental and physical health stressors, economic and cultural losses, and expanding inequities. Increasing resilience to climate-exacerbated hazards will require a diversity of approaches that address physical risk and the adaptability and sensitivity of the built and natural environments.
Hazard and flood insurance is rapidly becoming a critical driver of coastal flood resilience, influencing housing affordability and ability to secure financing for residential and commercial property which comes with ripples throughout coastal communities. In the U.S. Gulf of Mexico two states have seen major challenges in the past few years with hazard insurance availability and with the implementation of Risk Rating 2.0 flood insurance prices have also dramatically increased. As is true with many impacts of climate change, shrinking insurance affordability and availability has disparate impacts on residents that need to be considered if equitable climate resilience is to be pursued.
There are a myriad of approaches that can be implemented to address affordability of existing flood and hazard insurance products, explore alternative and more flexible insurance products, and to understand how future action could further exacerbate insurance costs. For example, identifying where natural spaces such as coastal wetlands are threatened by climate change or development and how that relates to insurance costs would be extremely valuable. Additionally, other innovations such as parametric insurance or community pools could provide alternative products to traditional insurance structures.
This session invites speakers from across disciplines to present their research, innovative ideas, and case studies at the intersection of climate change, insurance, and the build and natural environments. The session will serve as an opportunity to raise awareness of the cutting-edge advancements around insurance that are underway and to build networks of those working to identify practical products, approaches, and better understanding of potential challenges on the horizons. The format will be a series of presentations coupled with topical breakout sessions at the end to enable productive dialogue around challenges, opportunities, and collaborations.