Managed retreat through property buyouts

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Abstract/Contents

Abstract
Retreat from some areas will become unavoidable under intensifying climate change. Existing deployments of managed retreat are at small scale compared to potential future needs, leaving open questions about where, when, and how retreat under climate change will occur. Here, we analyze over 40,000 voluntary buyouts of flood-prone properties in the United States, in which homeowners sell properties to the government and the land is restored to open space. In contrast to model-based evaluation of potential future retreat, local governments in counties with higher population and income are more likely to administer buyouts. The bought-out properties themselves, however, are concentrated in areas of greater social vulnerability within these counties, pointing to the importance of assessing the equity of buyout implementation and outcomes. These patterns demonstrate the challenges associated with locally driven implementation of managed retreat and the potential benefits of experimentation with different approaches to retreat.

Description

Type of resource text
Date created [ca. 2019]

Creators/Contributors

Author Mach, Katharine J.
Author Kraan, Caroline M.
Author Hino, Miyuki
Author Siders, A.R.
Author Johnston, Erica M.
Author Field, Christopher B.

Subjects

Subject FEMA
Subject buyouts
Subject managed retreat
Subject flood risk
Subject climate change
Subject Stanford Woods Institute for the Environment
Genre Article

Bibliographic information

Access conditions

Use and reproduction
User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.

Preferred citation

Preferred Citation
Mach, K.J., C.M. Kraan, M. Hino, A.R. Siders, E.M. Johnston, and C.B. Field (2019). Managed retreat through property buyouts. Stanford Digital Repository. Available at: https://purl.stanford.edu/hm855qc1329

Collection

Stanford Environment Assessment Facility

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