Researchers are modelling previous disaster events in a bid to improve prevention and reduce devastating impacts.
No one can forget the devastation in early 2022 when heavy rains caused a record 14.37-metre flood to swamp Lismore in one of the worst natural disasters in Australia’s history.
The east coast floods of early 2022, including at Lismore in northern NSW, were the most expensive insurance event on record in Australia.The events of 2022 have prompted significant reflection on how to recover and how to better prepare communities for events such as flooding, fires and cyclones. A CSIRO research team led by hydrologist Jai Vaze and armed with $11.4 million from the National Emergency Management Agency is attempting to find an answer.
Climate modelling suggests the likelihood of future disaster events is increasing. Bushfires, floods, coastal erosion and inundation, as well as storms and cyclones, are all seen as posing a growing threat in coming years. The newly formed NSW Reconstruction Authority is exploring funding and financing options, including a special sustainability bond, and the creation of a special mitigation fund to drive investment in risk-reduction projects. The authority last month launched its first State Disaster Mitigation Plan.
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