Author: International Institute for Applied Systems Analysis (IIASA)
Year of publication: 2014
Available languages: English
Type of assessment: Pre-disaster risk assessment
Format of assessment: Web tool
Estimated costs for conducting: Low
Estimated duration of assessment: No information
To be carried out by whom: Government representatives
Institutional scale of use: National
Assesment to be used by which target audience: State level decision makers
Output: Others (see details)
Details: Interactive graphs
Region of origin: Europe
Developed by which sector: Science
Applied in practice: Yes
Geographic coverage in analysis: Worldwide
Potential geographic coverage: Worldwide
Sectors covered: Financial sector
Method used: Quantitative model
Description of methodology: First, a static risk assessment for the next year is conducted based on hazard, exposure and physical vulnerability. This is combined with an assessment of economic and financial resilience and economic vulnerability as well as a probabilistic estimation of the fiscal and macroeconomic impact of a disaster. In a last step, risk management options are identified
Risk framework used: Broad risk mapping according to different definition
Risk components incorporated: All
Hazards and impacts considered in the assessment: All hazards
Source of required data: Primary and secondary
Details: Country-level probability loss information, fiscal preparedness data, economic output data, capital input data, population data, literature review, potentially interviews
Temporal scale: Forward looking
Participatory elements: No
Consideration of interconnectedness and -dependencies of risks: No
Adressing uncertainty: Partly
Details: User interface allows for understanding the uncertainty within the predictions and how they could affect the outcome
Scope of assessment: Identification of risks, assessment of impacts, identification of adaptation options, priorization of adaptation options
Economic/Non-Economic losses incorporated: Economic
Applicability for entire risk spectrum (from extreme weather events to slow onset processes): No
Recommendations for Adaptation measures included in Climate Risk Assessment: Yes
Applied by whom: IIASA
Open access: Only the methodology of the digital tool is open access