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Economic consequences of floods in Atlantic Canada

3rd World Congress on Climate Change and Global Warming

Yuri Yevdokimov and Yuliya Burina

University of New Brunswick, Canada

Posters & Accepted Abstracts: J Earth Sci Clim Change

DOI: 10.4172/2157-7617-C1-034

Abstract
Statement of the Problem: Historically Atlantic Canada has been vulnerable to flooding. Destructive consequences of these events have been seen in the past and are expected to occur more frequently in the future due to changing climate. The goal of this study was to establish a relationship between economic loss from floods in Atlantic Canada and socio-economic characteristics including climate variables. Methodology & Theoretical Orientation: Evaluation of the above mentioned relationship was done on the basis of statistical analysis based on data collected from Canadian Disaster Database, databases of the Environmental Departments and Local Governments in Atlantic Canada. Findings: The study found the most important factors of flooding that affect economic loss and showed significance of increasing air temperature as the most important climate variable. Conclusion & Significance: The designed statistical model will helps us define and design the required investment into future mitigation measures to reduce economic damage from floods in Atlantic Canada.
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