Natural hazards and the impact on Länder budgets in Austria

The topic of this research is to evaluate how the budgets of Länder in Austria are impacted by hatural hazards. The focus is on floods because they are causing the biggest damages in Austria. Hail, storm and drought are other hazards that will be covered in the study. Three cases will be explored in more depth: How vulnerable are objects in flood zones of low event probability, how well can hydrological models reproduce the observed economic damage and how can urban and rural planning procedures be improved in order to reduce potential losses.