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Introduction to Climate and Disaster Risk Assessment and Modelling

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Introduction to Climate and Disaster Risk Assessment and Modelling

Year Published

2023

Contributing Organizations

Frankfurt School of Finance & Management
Global Shield Solutions Platform (GSSP)

Type of Resource

Other

Languages

English
French
Spanish

Relevant Topics

Core Topic
Insurance
Topic 2
Risk Management

Target Audience

All

Relevant Geography

Asia & the Pacific
Introduction to Climate and Disaster Risk Assessment and Modelling

Resource Description

This module introduces methods for climate and disaster risk assessment and modeling to support financial protection and risk transfer, especially in vulnerable regions. It includes approaches to understanding, quantifying, and managing climate risk.

Why This Matters

Robust risk assessments enable informed decisions on climate adaptation and financing strategies, helping protect vulnerable communities from growing climate risks.

Key Insights

  • Defines risk as a function of hazard, exposure, and vulnerability, and emphasizes its dynamic nature
  • Outlines qualitative to probabilistic assessment methods, including narratives, indicators, and event-based modelling
  • Shows how modeling informs adaptation, pre-arranged financing, and insurance design
  • Features a case study from Pakistan on heat risk in agriculture, combining local modeling and capacity building

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