Managed Retreat from High-risk Flood Areas: Design Considerations for Effective Property Buyout Programs
"Managed retreat through property buyouts is widely regarded as an effective disaster risk reduction strategy. Designing property buyout programs involves several key policy considerations, which ideally balance efficiency, social acceptability and political feasibility. This policy brief argues that the effectiveness of managed retreat could be strengthened in Canada by identifying priority areas to target, drawing lessons from past property buyout programs and building supportive partnerships between governments, private sector firms and non-governmental organizations." To read the full policy brief click here.