A risk management tool for tackling country-wide contingent disasters: A case study on Madagascar

Hochrainer-Stigler, S., Mechler, R. ORCID: https://orcid.org/0000-0003-2239-1578, & Mochizuki, J. ORCID: https://orcid.org/0000-0003-1000-4251 (2015). A risk management tool for tackling country-wide contingent disasters: A case study on Madagascar. Environmental Modelling & Software 72 44-55. 10.1016/j.envsoft.2015.06.004.

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Governments are key players in managing disaster risks, and fiscal risk management has become an internal part of disaster risk management. However, the ability of governments to implement disaster risk management strategies differs significantly across countries, depending on their capacity and resource constraints. The CatSim model and its most recent version presented in this paper helps to fill part of the information gap regarding the capacity and resources of a government to deal with natural disaster risk. We provide an in-depth example how the model works for the case of managing cyclone risk in Madagascar. In doing so we provide recommendations as to how some of the more difficult concepts from the disaster risk theory and modeling field can be most easily understood by non-technically trained stakeholders. Such understanding is beneficial in facilitating consensus-building among various risk bearers from different sectors regarding options for managing risk.

Item Type: Article
Uncontrolled Keywords: Natural catastrophes; economic impacts; financial vulnerability; disaster risk management; catastrophe modeling; CatSim
Research Programs: Risk & Resilience (RISK)
Risk, Policy and Vulnerability (RPV)
Bibliographic Reference: Environmental Modelling & Software; 72:44-55 (October 2015)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:53
Last Modified: 27 Aug 2021 17:25
URI: https://pure.iiasa.ac.at/11427

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