Market failureIn neoclassical economics, market failure is a situation in which the allocation of goods and services by a free market is not Pareto efficient, often leading to a net loss of economic value. Market failures can be viewed as scenarios where individuals' pursuit of pure self-interest leads to results that are not efficient – that can be improved upon from the societal point of view. The first known use of the term by economists was in 1958, but the concept has been traced back to the Victorian philosopher Henry Sidgwick.
Flood controlFlood control (or flood mitigation or flood protection or flood alleviation) methods are used to reduce or prevent the detrimental effects of flood waters. Flood relief methods are used to reduce the effects of flood waters or high water levels. Flooding can be caused by a mix of both natural processes, such as extreme weather upstream, and human changes to waterbodies and runoff. A distinction is made between structural and non-structural flood control measures.
FloodA flood is an overflow of water (or rarely other fluids) that submerges land that is usually dry. In the sense of "flowing water", the word may also be applied to the inflow of the tide. Floods are an area of study of the discipline hydrology and are of significant concern in agriculture, civil engineering and public health. Human changes to the environment often increase the intensity and frequency of flooding, for example land use changes such as deforestation and removal of wetlands, changes in waterway course or flood controls such as with levees, and larger environmental issues such as climate change and sea level rise.
Flood warningA flood warning is closely linked to the task of flood forecasting. The distinction between the two is that the outcome of flood forecasting is a set of forecast time-profiles of channel flows or river levels at various locations, while "flood warning" is the task of making use of these forecasts to make decisions about whether warnings of floods should be issued to the general public or whether previous warnings should be rescinded or retracted.
Coastal floodingCoastal flooding occurs when dry and low-lying land is submerged (flooded) by seawater. The range of a coastal flooding is a result of the elevation of floodwater that penetrates the inland which is controlled by the topography of the coastal land exposed to flooding. The seawater can flood the land via several different paths: direct flooding, overtopping of a barrier, or breaching of a barrier. Coastal flooding is largely a natural event. Due to the effects of climate change (e.g.
Energy transitionAn energy transition (or energy system transformation) is a significant structural change in an energy system regarding supply and consumption. Currently, a transition to sustainable energy (mostly renewable energy) is underway to limit climate change. It is also called renewable energy transition. The current transition is driven by a recognition that global greenhouse-gas emissions must be drastically reduced. This process involves phasing-down fossil fuels and re-developing whole systems to operate on low carbon electricity.
Urban floodingUrban flooding is the inundation of land or property in a built environment, particularly in more densely populated areas, caused by rainfall overwhelming the capacity of drainage systems, such as storm sewers. Although sometimes triggered by events such as flash flooding or snowmelt, urban flooding is a condition, characterized by its repetitive and systemic impacts on communities, that can happen regardless of whether or not affected communities are located within designated floodplains or near any body of water.
HydroelectricityHydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems.
LausanneLausanne (loʊˈzæn , USalsoloʊˈzɑːn , lɔzan; Losena lɔˈzəna) is the capital and largest city of the Swiss French-speaking canton of Vaud. It is a hilly city situated on the shores of Lake Geneva, about halfway between the Jura Mountains and the Alps, and facing the French town of Évian-les-Bains across the lake. Lausanne is located northeast of Geneva, the nearest major city. The municipality of Lausanne has a population of about 140,000, making it the fourth largest city in Switzerland after Basel, Geneva, and Zurich, with the entire agglomeration area having about 420,000 inhabitants (as of January 2019).
DamA dam is a barrier that stops or restricts the flow of surface water or underground streams. Reservoirs created by dams not only suppress floods but also provide water for activities such as irrigation, human consumption, industrial use, aquaculture, and navigability. Hydropower is often used in conjunction with dams to generate electricity. A dam can also be used to collect or store water which can be evenly distributed between locations.
Dam failureA dam failure or dam burst is a catastrophic type of structural failure characterized by the sudden, rapid, and uncontrolled release of impounded water or the likelihood of such an uncontrolled release. Between the years 2000 and 2009 more than 200 notable dam failures happened worldwide. A dam is a barrier across flowing water that obstructs, that directs or slows down the flow, often creating a reservoir, lake or impoundments.
Embankment damAn embankment dam is a large artificial dam. It is typically created by the placement and compaction of a complex semi-plastic mound of various compositions of soil or rock. It has a semi-pervious waterproof natural covering for its surface and a dense, impervious core. This makes the dam impervious to surface or seepage erosion. Such a dam is composed of fragmented independent material particles. The friction and interaction of particles binds the particles together into a stable mass rather than by the use of a cementing substance.
