Adaptation to flood and drought risk in Austria - VATT
Adaptation to flood and drought risk in Austria - VATT
Adaptation to flood and drought risk in Austria - VATT
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Economic evaluation of<br />
adaptation options (dem<strong>and</strong> side)<br />
ClimateChange<br />
Causes<br />
Impacts<br />
Solutions<br />
• Assessed options<br />
• expansive water price policy<br />
• implementation of water sav<strong>in</strong>g technologies <strong>in</strong> households<br />
• implementation of water sav<strong>in</strong>g technologies <strong>in</strong> hotels<br />
• Water sav<strong>in</strong>g technologies<br />
• devices for showers<br />
• <strong>to</strong>ilettes<br />
• water taps<br />
• Method used: cost efficiency analysis<br />
• Water price elasticity of dem<strong>and</strong>: % ΔQ<br />
ε<br />
p<br />
= = −0,25<br />
% ΔP<br />
(source: Prettenthaler/Dalla-Via 2007)<br />
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