Quotation Giupponi, Carlo, Mojtahed, Vahid, Gain, Animesh, Biscaro, Claudio, Balbi, Stefano. 2015. Integrated risk assessment of water-related disasters. In: Hydro-Meteorological Hazards, Risks, and Disasters, Hrsg. Paron, P. and Di Baldassarre, G. S. 163-200. Amsterdam, Netherlands: Elsevier.


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Abstract

This chapter presents a conceptual framework (KULTURisk Framework or KR-FWK) and its implementation methods (SERRA or Socio-Economic Regional Risk Assessment) for integrated (physical and economical) risk assessment and evaluation of risk prevention benefits in the field of water-related processes. The KR-FWK (i.e. from the name of the European project within which it originated) and the SERRA approach were developed upon preexisting proposals, with three main innovation aims: (1) to include the social capacities of reducing vulnerability and risk, (2) to provide an operational solution to assess risks, impacts, and the benefits of plausible risk reduction measures, by including a monetary estimation of costs and benefits, and (3) to go beyond the estimation of direct tangible costs. Vulnerability is considered as a result of the interactions between physical (territorial) characteristics and the susceptibility and the capacities of the socioeconomic system to adapt and cope with a specific hazard, expressed as a nondimensional index ranging between 0 and 1. Exposure, is instead assessed in monetary terms, and thus the multiplicative combination of two indices ranging between 0 and 1 (hazard and vulnerability) with a third one (exposure) expressed in monetary terms produces a monetary quantification of risk, which can be used for supporting decisions via cost-benefit analysis. Regarding the third aim of going beyond the estimation of direct tangible damages, operational solutions are proposed to evaluate four possible socioeconomic costs possibly deriving from the adverse consequences of flood, namely direct/indirect and tangible/intangible costs. The proposed methodology aims to be comprehensive with respect to the set of receptors usually considered in the literature of regional risk assessment. The sets of receptors considered are people, economic activities...

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Chapter in edited volume
Language English
Title Integrated risk assessment of water-related disasters
Title of whole publication Hydro-Meteorological Hazards, Risks, and Disasters
Editor Paron, P. and Di Baldassarre, G.
Page from 163
Page to 200
Location Amsterdam, Netherlands
Publisher Elsevier
Year 2015
Reviewed? Y
URL http://www.sciencedirect.com/science/article/pii/B9780123948465000060
ISBN 978-0-12-394846-5

Associations

People
Biscaro, Claudio (Former researcher)
External
Balbi, Stefano (Basque Centre for Climate Change (BC3), Spain)
Gain, Animesh (GFZ German Research Centre for Geosciences, Germany)
Giupponi, Carlo (Ca' Foscari University Venice, Italy)
Mojtahed, Vahid (Ca' Foscari University Venice, Italy)
Organization
Institute for Change Management and Management Development IN (Details)
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