Flood protection is everyone’s responsibility

The complex interactions between floods and society are currently being investigated at TU Wien. The economy needs the central government to organise flood protection. We have an impact on water - through dams, regulations and agriculture. And the risk of flooding affects us and our economic decisions. The complicated interplay of these factors is being investigated at TU Wien. The mathematical economist Johanna Grames has developed conceptual models to describe economic decisions for long-term flood protection strategies. Private businesses should not shoulder the responsibility for flood protection alone.