Removing development incentives in risky areas reduces climate damages and yields co-benefits

Author:

Druckenmiller HannahORCID,Liao YanjunORCID,Pesek Sophie,Walls MargaretORCID,Zhang Shan

Funder

Lincoln Institute of Land Policy

Publisher

Springer Science and Business Media LLC

Reference5 articles.

1. Bagstad, K. J., Stapleton, K. & D’Agostino, J. R. Taxes, subsidies, and insurance as drivers of United States coastal development. Ecol. Econ. 63, 285–298 (2007). This paper provides a broad overview of how government intervention through taxes, subsidies and insurance shapes coastal development patterns in the USA, with a focus on how these measures can degrade economic and environmental well-being by indirectly incentivizing growth in high-risk areas.

2. Peralta, A. & Scott, J. B. Does the National Flood Insurance Program drive migration to higher risk areas? J. Assoc. Environ. Resour. Econ. 11, 287–318 (2024). This paper shows that the availability of the National Flood Insurance Program increased population in flood-prone communities, highlighting the possible role for publicly subsidized flood insurance in increasing flood exposure and damage.

3. Branham, J., Salvesen, D., Kaza, N. & BenDor, T. K. A wrench in the machine: how subsidy removal alters the politics of coastal development. J. Am. Plan. Assoc. 90, 18–29 (2024). This paper uses interview-based case studies and finds that, in some communities, local political forces worked counter to the CBRS policy goals of limiting development.

4. Kahn, M. E., Vaughn, R. & Zasloff, J. The housing market effects of discrete land use regulations: evidence from the California coastal boundary zone. J. Hous. Econ. 19, 269–279 (2010). This paper studies the housing market effects of California’s coastal boundary zone, which imposes more stringent building regulation both within the zones and in nearby areas in the same jurisdiction.

5. Walls, M., Wibbenmeyer, M. & Kousky, C. Does the Coastal Barrier Resources Act provide a policy template to address wildfire risk? Resources https://bit.ly/3zCQVrv (2019). This essay argues that the Coastal Barrier Resources Act provides a model that could be emulated in high-wildfire-hazard areas to curb development in those areas and slow the growing exposure to wildfire risks.

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