European Solidarity Fund’s Contribution to Flood Risk Prevention

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After extensive floodings in 2002 the European solidarity fund was formed with the goal to financially help Member States and candidate countries in case of disasters that exceeded the governments resources to cope. The European solidarity fund is considered a valuable instrument for sharing the risk among European countries and a potential model for financing loss and damages. Since its creation, it has been used for over 100 cases covering a range of natural disasters like floods, forest fires, earthquakes, storms and drought. In total 28 European countries have been supported by the fund for an amount over 7 billion € of public money making it subject of debate. This thesis researches if the European solidarity fund helps to prevent future floodings. By researching several cases in which the solidarity fund has been implemented, an attempt has been made to get a grasp on the spending of the fund. Instead of looking to the disaster relief and repair projects, this research will focus on the part of the funds that are implemented on preventive flood measures. Preventive measures should prevent further use of the fund making it a more effective investment for the future. Flood Risk Management – EUSF – Solidarity Funds - European Union
Faculteit der Managementwetenschappen