. Using panel data and a two-way fixed effects estimation, the analysis focuses on storms, floods, wildfires, and landslides …

We evaluate whether floods and landslides are more likely when rain falls inside versus outside protected areas (PAs … floods and landslides is affected by whether rain falls inside or outside PAs. We use a two-way fixed effect panel data model … find that shifts in precipitation towards PAs reduce floods significantly. These results were highly robust. We also find …

floods, by accounting for heterogeneous levels of resilience and vulnerability to natural disasters. Our findings, based on a …