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TranscriptWith 40% of the US living in coastal areas, the risk of flooding from stronger storms and rising sea levels isn’t just an inconvenience; it’s a looming crisis for businesses, insurers, and governments. How can businesses and governments assess the risks, update their strategies, and balance the needs of all stakeholders, including residents?
Join Steve Odland and guest Alex Heil, PhD, Senior Economist at The Conference Board, to explore the rising costs of more severe flooding, the challenges of urban planning and development in flood-prone areas, and how businesses can build resilience against these risks.
(00:08) Overview of Economic Impact of Flooding
(00:41) Discussion on Recent Flooding Events
(01:53) Global Warming and Weather Events
(04:12) Development in Flood-Prone Areas
(06:22) Economic Costs of Flooding
(09:30) Insurance Industry Challenges
(13:49) Business Adaptation Strategies
(25:17) Public Policy and Flood Management
For more from The Conference Board:
C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.
C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.
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