Sven Willner [email protected] h�p://www.pik-potsdam.de/~willner A model framework for evalua�ng damage propaga�on under different economic decision ra�onales - an example of river floods Willner SN, O�o C, Wenz L, Dobler AD, Frieler KF, Levermann A Potsdam Ins�tute for Climate Impact Research, Potsdam, Germany 3. Agents 1. Introduc�on Risks of extreme weather events like floods are likely to increase under global warming [1] World markets are highly interlinked: Extremes in one place may have repercussions elsewhere These economic interac�ons should be taken into account for cost management and cost es�ma�on We present the dynamic damage propaga�on model Acclimate: On a daily basis it explores the immediate response dynamics of the supply network 4a. Purchase ra�onale 4b. Produc�on ra�onale 2. Approach Precipita�on and river runoff model e.g. LPJmL + GFDL-ESM2M price price River runoff projec�ons share River rou�ng model CaMa-Flood [2] costs value revenue max. High resolu�on water depth and inunda�on Damage func�on Direct rela�ve produc�on loss is: aggregated flood area frac�on (weighted by popula�on) over all grid cells in each region where: flood depth exceeds 10 year return level (Direct) produc�on losses quant. 5. First runs 6. Outlook Acclimate allows for a qualita�ve understanding of damage propaga�on Indirect losses Economic damage propaga�on model Acclimate [3], [4] Direct losses Result: Total produc�on losses Economic pressure to adapt in a global, structural manner Next: Evalua�on of different physical (RCP) and socio-economic (SSP) scenarios Inclusion of dynamic rewiring strategies of network connec�ons to assess adapta�on measures days Global direct vs indirect losses due to floods in 2001 (popula�on and economic network of 2001). References The research was supported by the German Environmental Founda�on (DBU) and the Heinrich-Boll Founda�on. It has received funding from the European Union Seventh Framework Programme FP7/2007–2013 under Grant Agreement No. 603864. [1] Hirabayashi Y, Mahendran R, Koirala S, et al. (2013). Nat. Clim. Chang. 3(9). [2] Yamazaki D, Kanae S, Kim H, Oki T (2011). Water Resour. Res 47. [3] Bierkandt R, Wenz L, Willner SN, Levermann A (2014). Env. Syst. Decis. 34. [4] Wenz L, Willner SN, Bierkandt R, Levermann A (2014). Env. Syst. Decis. 34.
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