Disaster Risk 3
Disaster Risk 3 : The magnitude of potential disaster losses, in lives, livelihoods and assets, which could occur to a particular community or group, arising from their exposure to possible future hazard events and their vulnerability to these hazards. Comment: The concept of disaster risk shifts the viewpoint from disasters as events randomly affecting places, to that of negative potential conditions continuously affecting all areas. Disaster risk encompasses several different types of potential losses - in lives, livelihoods and financial and other assets - and is often difficult to quantify. Nevertheless, with knowledge of the prevailing hazards and the patterns of population and socio-economic development, it can be assessed and mapped, in broad terms at least, and the factors contributing to the risks can be made subject to public and private risk-reducing actions. (ISDR)
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