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Will Miami Survive?

The Dynamic Interplay between Floods and Finance

  • Kathleen Sullivan Sealey
  • Ray King Burch
  • P.-M. Binder

Part of the SpringerBriefs in Geography book series (BRIEFSGEOGRAPHY)

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Kathleen Sullivan Sealey, Ray King Burch, P.-M. Binder
    Pages 1-11
  3. Kathleen Sullivan Sealey, Ray King Burch, P.-M. Binder
    Pages 13-41
  4. Kathleen Sullivan Sealey, Ray King Burch, P.-M. Binder
    Pages 43-56
  5. Kathleen Sullivan Sealey, Ray King Burch, P.-M. Binder
    Pages 57-75

About this book

Introduction

This SpringerBrief uses a complexity perspective to integrate risk, finance, and ecological issues in Miami, USA. It focuses on how the modern financial system, particularly the mortgage market, perceives and manages the risk of climate change. Authors Kathleen Sealey, Ray King Burch and P.-M. Binder offer the case study of South Florida to illustrate how landscapes can be either re-purposed to function ecologically when residents relocate or rebuilt to reduce the threat of future flooding, the tools needed to make these decisions, and how financial systems view and influence them. While the need to integrate financial markets into coastal (and environmental) management is increasingly recognized, the difficulty of this task is made greater by the speed of financial innovation and the obscurity and complexity of its practices. This book will discuss the innovative Southeast Florida Regional Climate Compact, and the success of public-private partnerships in planning and adapting to sea level rise, but also the broad disconnect with the cash-and-credit-driven real estate market of South Florida.  

The book presents an interdisciplinary approach to the understanding of the coupled human (including finance) and natural systems in coastal cities, thus breaking new ground in the approach towards sustainability research and education. The final chapter introduces the social component of resilience which include pre-disaster outreach with and the potential for decision theory to help people understand and manage risk. 

 

Keywords

Risk Assessment Integrated research Sea level rise Responses to flooding Mortgage market and climate change Coupled human-natural systems Coastal landscape change

Authors and affiliations

  • Kathleen Sullivan Sealey
    • 1
  • Ray King Burch
    • 2
  • P.-M. Binder
    • 3
  1. 1.The University of MiamiCoral GablesUSA
  2. 2.Financial AnalystHonoluluUSA
  3. 3.College of Agriculture, Forestry and Natural Resource ManagementUniversity of HawaiiHiloUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-79020-6
  • Copyright Information The Author(s), under exclusive licence to Springer International Publishing AG, part of Springer Nature 2018
  • Publisher Name Springer, Cham
  • eBook Packages Earth and Environmental Science
  • Print ISBN 978-3-319-79019-0
  • Online ISBN 978-3-319-79020-6
  • Series Print ISSN 2211-4165
  • Series Online ISSN 2211-4173
  • Buy this book on publisher's site
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