SCC-CIVIC-FA Track B: Inclusive Insurance: Improving the Post-Flood Financial Resiliency of Low- and Moderate-Income Households

洪水是最昂贵的自然灾害，预计气候变化将使许多地方的洪水风险加剧。先前的研究发现，低收入和中等收入（LMI）家庭遭受的损失不成比例，而且恢复得比更有特权的居民要慢。金融弹性——从经济冲击中恢复的能力——是恢复的其他方面的基础，也是更广泛的抗灾能力的必要条件。尽管如此，这是气候适应的一个研究不足的方面，对可行解决方案的调查很少。拟议中的项目将填补这一空白。该项目的总体目标是通过使用包容性保险，提高纽约市低收入家庭对不断升级的洪水风险的财务抵御能力。包容性保险指的是那些以前被排除在保险市场之外的人可以获得保险的任何计划。我们的项目将使纽约市成为美国首批利用这些方法的社区之一。该项目是宾夕法尼亚大学沃顿风险中心、纽约市市长弹性办公室和纽约市社区中心（CNYCN）共同努力的结果。它还涉及与城市研究所的研究伙伴关系，与全球参数的研发工作，盖伊卡彭特的技术援助，以及纽约市管理和预算办公室的支持。该项目有四个相互关联的目标：1。开发和部署创新的、包容性的保险试点。关键的试点将是由CNYCN购买一项参数洪水保险政策，旨在为灾后低收入家庭迅速提供紧急现金补助。此外，还将研究开发社区发展金融机构可以提供的参数洪水政策，以保护LMI借款人。创建一个实践社区，利用风险转移实现社会恢复目标。这个社区将通过研讨会和新的信息共享平台来发展。3. 提高所有合作伙伴的识字率和能力。这包括对住房顾问进行洪水风险和保险方面的培训，为纽约市50个家庭提供减灾和保险方面的灾前咨询，并扩大当地洪水风险意识平台floodhelpnyy.org上的信息。将研究与可操作的变革联系起来。将进行三个研究项目，包括一项调查，以量化各种灾害恢复来源的延误时间和这些延误所造成的费用；项目试点的可复制性和普遍性分析；公民创新挑战赛是能源部车辆技术办公室、国土安全部科学技术局、联邦紧急事务管理局和国家科学基金会的联合项目。该奖项反映了国家科学基金会的法定使命，并通过基金会的智力价值和更广泛的影响审查标准进行了评估，认为值得支持。

Flooding is the costliest natural disaster and climate change is projected to escalate flood risk in many places. Prior research has found that low- and moderate-income (LMI) households suffer disproportionately and recover less quickly than more privileged residents. Financial resilience—the ability to recover from an economic shock—underpins other aspects of recovery and is a necessary condition for broader disaster resilience. Despite this, it is an under-researched aspect of climate adaptation and investigation of actionable solutions is scarce. The proposed project will fill this gap.The project’s overarching goal is to increase the financial resilience of LMI households in New York City to escalating flood risk through the use of inclusive insurance. Inclusive insurance refers to any program that makes coverage available to those previously locked out of the insurance market. Our project will establish NYC as one of the first communities in the U.S. to harness these approaches. This project is a joint effort between the Wharton Risk Center at the University of Pennsylvania, the New York City Mayor’s Office of Resiliency, and the Center for New York City Neighborhoods (CNYCN). It also involves a research partnership with the Urban Institute, research and development work with Global Parametrics, technical assistance from Guy Carpenter, and support from the NYC Office of Management and Budget. The project has four interrelated objectives: 1. Developing and deploying innovative, inclusive insurance pilots. The key pilot will be the purchase, by CNYCN, of a parametric flood insurance policy designed to rapidly provide emergency cash grants to LMI households post-flood. In addition, R&D will be undertaken on parametric flood policies that community development finance institutions can provide to protect LMI borrowers.2. Creating a community of practice that harnesses risk transfer for social recovery goals. This community will be developed through a workshop and new information sharing platforms. 3. Increasing the literacy and capacity of all partners. This includes training housing advisors on flood risk and insurance, providing pre-disaster consultations to fifty NYC households on risk reduction and insurance, and expanding the information available on FloodHelpNY.org, the local flood risk awareness platform.4. Linking research to actionable change. Three research projects will be undertaken, including a survey to quantify the length of delays in various sources of disaster recovery and the costs from these delays; a replicability and generalizability analysis of the project’s pilots; and a typology of the community-level benefits of widespread insurance purchaseThe CIVIC Innovation Challenge is a joint program with Department of Energy Vehicle Technology Office, Department of Homeland Security Science and Technology Directorate, Federal Emergency Management Agency, and the NSFThis award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.