GIS-based distributed technique for assessing economic loss from flood damage: pre-feasibility study for the Anyang Stream Basin in Korea

Large national budgets are required for flood damage reduction projects, making it critical to ensure that public money used therein be spent efficiently. Accordingly, reliable assessment of flood damage is a critical issue in analysis of the economic aspects of flood damage reduction projects. To this end, this study aims to provide a GIS (geographical information system)-based technique for distributed flood damage assessment. We consider two aspects of flood damage assessment from an engineering and economic perspective, i.e. flood inundation analysis and multi-dimensional flood damage analysis (MD-FDA). To perform this assessment, we used a GIS-based framework and data processing method to assess damages. The proposed methodology was applied to flood control channel projects for flood disaster prevention in the Anyang Stream Basin in Korea and presents detailed GIS data processing and assessment results. Findings from this study may contribute to the improvement of usability of MD-FDA and may provide research directions for integrating economic and engineering factors. This distributed technique will also assist in the decision-making process when evaluating the economic feasibility of flood damage reduction projects for structural and non-structural measures.