NEWS

Moving flood risk modelling forwards

Jul 1, 2018

Floods are one of the most devastating disasters and their intensity and severity is expected to increase in the future. New research shows how regional floods can cause global impacts through propagation within the global trade and supply network.

Traditionally, global flood risk assessments have primarily focused on the damage to economic assets. Writing in Nature Climate Change, Sven Willner and colleagues incorporate economic flow losses into a global flood risk modelling framework. They show how cascading effects can pose additional risks to the global economy. Their results suggest that, between 1996 and 2015, river floods could have caused around US$351 billion in direct economic losses and over US$620 billion in total economic losses, globally. These results indicate that economic flow losses can be of the same order of magnitude as asset damages. Reported global physical losses due to all flood events in the same period reached US$620 billion.

LATEST NEWS

Coalition for Disaster Resilient Infrastructure (CDRI) Fellowship Programme

Coalition for Disaster Resilient Infrastructure (CDRI) Fellowship Programme

The Coalition for Disaster Resilient Infrastructure (CDRI) is promoting the programme to further the coverage of fellowships within all CDRI member countries and ensure high-quality research ... read more

Getting animated about the business impacts of extreme weather

Getting animated about the business impacts of extreme weather

Weather-related disasters are creating huge economic strain across the globe, with many businesses requiring climate risk calculations to help manage financial growth and prevent losses. ... read more

Lena Fuldauer awarded 1st prize in the Allianz Climate Risk Research Award

Lena Fuldauer awarded 1st prize in the Allianz Climate Risk Research Award

Congratulations to Lena Fuldauer (ITRC Researcher and PhD student at the Environmental Change Institute, Oxford University) who has won 1st prize in the Allianz Climate Risk Research Awards. The ... read more

RESEARCH THEMES

ENERGY
TRANSPORT
WATER
DIGITAL COMMUNICATIONS
DEMOGRAPHICS
URBAN
DEVELOPMENT
ECONOMICS
INFRASTRUCTURE
GOVERNANCE
NISMOD
RISK AND
RESILIENCE
RESEARCH SOFTWARE ENGINEERING
DATABASES