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，气候变化预计将加剧许多地方的洪水风险。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，恢复速度也不如特权居民。财务稳健性从经济冲击中恢复的能力支撑着恢复的其他方面，也是更广泛的灾难恢复能力的必要条件。尽管如此，这是气候适应的一个研究不足的方面，对可行的解决方案的调查很少。拟议的项目将填补这一空白，其总体目标是通过使用包容性保险，提高纽约市最低收入家庭对不断升级的洪水风险的财务弹性。包容性保险是指为那些以前被排除在保险市场之外的人提供保险的任何计划。我们的项目将使纽约市成为美国最早利用这些方法的社区之一。这个项目是宾夕法尼亚大学沃顿风险中心、纽约市市长复原力办公室和纽约市社区中心（CNYCN）的共同努力。它还涉及与城市研究所的研究伙伴关系，与全球参数的研究和开发工作，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保险试点。关键的试点将是由CNYCN购买参数洪水保险政策，旨在迅速向洪水后的LMI家庭提供紧急现金赠款。此外，将对社区发展金融机构可以提供的参数洪水政策进行研究和开发，以保护LMI的供水系统。创建一个实践社区，利用风险转移实现社会恢复目标。这个社区将通过一个讲习班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。这包括培训洪水风险和保险方面的住房顾问，为纽约市50户家庭提供灾前咨询，以减少风险和保险，并扩大当地洪水风险意识平台www.example.com上的信息。FloodHelpNY.org将研究与可行的变革联系起来。将开展三个研究项目，包括一项调查，以量化各种灾后恢复来源的延误时间和这些延误造成的成本;对项目试点的可复制性和可推广性进行分析;以及广泛购买保险的社区层面福利的类型学CIVIC创新挑战赛是与能源部汽车技术办公室的联合项目，国土安全部科学技术局、联邦应急管理局和NSF该奖项反映了NSF的法定使命，并通过使用基金会的知识价值和更广泛的影响审查标准进行评估，被认为值得支持。

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.