By

Asli Mutlu

Download our Stata Do-file for the hedonic price model of the flood-prone housing market

Nature-based solutions (NbS) are a cornerstone of climate change adaptation worldwide. Yet, evidence on their economic benefits is scarce, especially since the provided environmental amenities usually spatially correlate with climate-induced hazards, effects of which NbS aim to curb. We provide empirical evidence on the economic impacts of nature-based solutions using house transactions and also explore...