Economic affect of flooding on the

Compounding these dangers, increasing coastal population and development will put more people and property at danger. In years to come, those risks will lead to devastating damage if they are not mitigated.

Economic affect of flooding on the

Translated from Amharic Guba, Benishangul Gumuz Honorable peoples of Ethiopia First and foremost, on behalf of the Ethiopian government and of myself, I must express my heartfelt pleasure for the opportunity to attend this occasion, marking the official commencement of the construction of the Millennium Hydro-electric Nile Dam.

I must congratulate all those who have worked so tirelessly to make this defining moment possible. Honorable peoples of Ethiopia Ladies and Gentlemen We have gathered here today at the largest of our rivers to witness the launch of this great project.

It is rightly called the Millennium Dam. It is the largest dam we could build at any point along the Nile, or indeed any other river. More importantly the project takes the pride of place, representing an incomparable addition to our national plan for expanding power production.

It will not only raise our own power-generating capacity and meet our domestic needs. It will also allow us to export to neighboring countries and mobilize the resources so necessary for the realization of objectives for our rapid development endeavors, efforts which are already yielding promising results.

The plan allows for the generation of six to eight thousand MW in the coming five-years. Of this total, the Millennium Dam alone will have the capacity to produce 5, MW to assist in meeting our aims.

After completion, the Dam is expected to hold 67 billion cubic meters of water.

Miscible flooding -

This will provide a reservoir almost twice the size as Lake Tana, a natural lake which only reaches 32 billion cubic meters at its peak. The Millennium Dam will be the largest man-made lake in Ethiopia, and it will also, of course, provide for extensive opportunities for fisheries and cultivation which were previously non-existent.

From every perspective, this project will play a major and decisive role in realizing the five-year Growth and Transformation Plan and the consequent advance towards the eradication of poverty. The potential impact is clear to everyone.

Its importance is readily apparent when we see that this Dam alone will provide for between 65 and 87 percent of the entire power supply we expect to generate over the period of the plan.

Equally, the benefits that will accrue from the Dam will by no means be restricted to Ethiopia.

Indirect Impact

They will clearly extend to all neighboring states, and particularly to the downstream Nile basin countries, to Sudan and Egypt. The Dam will greatly reduce the problems of silt and sediment that consistently affect dams in Egypt and Sudan. When the Millennium Dam becomes operational, communities all along the riverbanks and surrounding areas, particularly in Sudan, will be permanently relieved from centuries of flooding.

These countries will have the opportunity to obtain increased power supplies at competitive prices. The Millennium Dam will increase the amount of water resources available, reducing the wastage from evaporation which has been a serious problem in these countries.

The effects of climate change on hurricane frequencies and intensities have been the subject of much scientific investigation and inquiry. As they generate power from warm, moist air over warm ocean waters, hurricanes are becoming more intense as climate change continues to increase ocean temperatures. Economic affect of flooding on the Pakistan economy The floods in Pakistan have amounted to an economic disaster for the country. The scale of the human tragedy is enormous. $5,, in Economic Adjustment Assistance- Disaster Supplemental funding to the City of Port Aransas, Port Aransas/Nueces County, Texas, to support improvements to the Port Aransas Municipal Marina, including the rebuilding of docks, pavilion enhancements, and relocation of the harbor office.

It will in fact ensure a steady year-round flow of the Nile. This, in turn, should have the potential to amicably resolve the differences which currently exist among riparian states over the issue of equitable utilization of the resource of the Nile water.

In other words, the Millennium Dam will not only provide benefits to Ethiopia. It will also offer mutually beneficial opportunities to Sudan and to Egypt. Indeed, one might expect these countries to be prepared to share the cost in proportion to the gains that each state will derive.

On this calculation, Sudan might offer to cover 30 per cent and Egypt 20 per cent of the costs of the entire project. Unfortunately, the necessary climate for engagement, based on equitable and constructive self-interest, does not exist at the moment.

We have, in fact, been forced to rely on our own savings alone to cover the expense. The estimated cost will be 3.

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As we will be financing several other projects in our plan, the expense will be an additional and heavy burden on us.The GERD is a source of national pride in Ethiopia. Parallels with big U.S. hydroelectric projects are striking. At the dedication of Hoover Dam (then known as Boulder Dam) on the Nevada-Arizona border in , President Franklin Roosevelt called the dam a 20th .

With member countries, staff from more than countries, and offices in over locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

Distribution of impacts. Climate change impacts can be measured as an economic cost (Smith et al., ). This is particularly well-suited to market impacts, that is impacts that are linked to market transactions and directly affect GDP.

Flood Hazard Maps show information on a map about places that may be at risk from flooding. You can search for flood information in any locality and view reports, photographs, newspaper articles and other information about reported floods.

This article has been optimized for offline reading on Washington Post apps. For a richer experience, you can find the full version Internet connection is required. German scientists have shown once again that climate change remains a global problem, with China’s climate impact, for instance, hurting the economy of the United States.

Disastrous flooding.

Economic affect of flooding on the
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