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Cost of Natural Hazards

ConHaz: Costs of Natural Hazards

Cost assessments of damages, prevention and responses to natural hazards supply crucial information to decision support and policy development in the fields of natural hazard management and climate change adaptation planning. Significant diversity in methodological approaches taken and terminology used in costs assessments of different natural hazards and impacted sectors makes it difficult to establish comprehensive, robust and reliable costs figures, and to compare costs across hazards and impacted sectors.

ConHaz has provided more insight into cost assessment methods, which is needed for integrated planning, budgeting and policy action prioritisation for the various natural hazards.  This comprehensive approach has enabled ConHaz to clearly identify overlaps, commonalities and knowledge gaps in cost assessments of natural hazards.

FHRC's research focused on reviewing flood losses assessment methods and end-user needs. For more information please refer to the CONHAZ report:

Green C., Viavattene C., Thompson P., 2011. Guidance for assessing flood losses – CONHAZ report

FHRC has also contributed to the CONHAZ synthesis document:

Meyer V. et al., 2012. Cost of Natural Hazards – a Synthesis – CONHAZ report

Funder:

European Commission Seventh Framework Programme

Duration:

2010 – 2012

FHRC Project Manager:

Dr Christophe Viavattene

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