Vulnerability is expressed as the degree of expected damage (i.e., the cost of repair divided by the cost of replacement) given on a scale of 0 to 1, as a function of hazard intensity (or magnitude, depending on the convention used). (UNDRO, 1991, p. 79). The degree of loss to a given element at risk (or set of elements) resulting from a given hazard at a given severity level In contrast to the concept of risk, here the probability of the occurrence of a hazard is not considered. (UNDP/UNDHA, 1994, pp. 38-39; See also: UNDHA, 1992). Vulnerability has process character and is not static. [ZEF_dp46.pdf United Nations