Elements at risk are the people, properties, economicactivities, and private and public services potentially threatened by a harmful event
Risk assessment involves the identification and mapping of the elements at risk and the assessment of vulnerability
Risk is a function of hazard, which refers to the probability of occurrence at a given magnitude
Physical exposure is the combination of hazard and exposed population, calculated as PhExp = Hazard x Exposure
The social dimension of exposure and vulnerability covers concerns such as migration, social groups, health, education, culture, institutions, and governance aspects
Demography is an important aspect of the social dimension
Population density maps are excellent indicators of exposure and vulnerability
Physical elements exposed to various hazards include:
Essential Facilities:
Educational facilities
Medical and healthcare facilities (e.g., hospitals and clinics)
Emergency response facilities (e.g., fire station, police station, and shelters)
Government offices
Recreational or tourist facilities (e.g., hotels, resorts, parks, public gardens, camping grounds, sporting areas, etc.)
Places of worship (e.g., churches or mosques)
Banks and financial centers
Markets and shopping centers
Cemeteries
Industrial and High Potential Loss Facilities and Facilities Containing Hazardous Materials
Transportation Lifelines
Utility Lifelines
Among the economic effects of a hazard event are business interruptions, loss of jobs, loss of government income, and impact on the gross domestic product (GDP)
The most vulnerable populations include peoplewithdisabilities, children, seniors, medication-dependentindividuals, women, ethnicminorities, homelessindividuals, incarceratedindividuals, and marginalizedgroups
Developing nations face more exposure and vulnerability due to their relative inability to adapt to changes and create wealth
Rapid urbanization in hazardous areas increases vulnerability to disaster risk
Economicvulnerability is the susceptibility of individuals, communities, businesses, and governments to absorb or cushion the effects of a hazard event
Vulnerability can be expressed as a quantity between 0 (lowest degree) and 1 (highest degree), and for people, it can be measured as a ratio of casualties or injured to the total population
Poor people are more vulnerable to certain natural hazards due to limited access to livelihoods, family responsibilities, and reproductive roles