Radical interventionist property rights - related tools: An Australian response to climate change-driven events
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Inland riverine areas of Australia are particularly vulnerable to increasingly frequent violent storm events distant from the coastline,
and such phenomena are also evident along the coast coupled with predicted rises in sea levels. Such risks have starkly revealed
how crucial inundation risk land policies have become. However, current questioning in the Australian State of New South Wales
(NSW) of such public policies has uncovered a critical link between flood risk mapping and land use planning, property values, and
inundation propensity in particular. A range of coastal and inland properties will no longer being capable of meaningful utilisation
coalescing in an impending collision with settled Australian property law and property rights.
The combined use of inverse leaseholds (ILs) in hinterland catchments to retain increased storm event downpours of water with
transferable development rights (TDRs) for frequently inundated downstream and coastal lands will be discussed as one such tool
set to achieve climate change adaptation and risk amelioration.
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