04 March 2011

Hedging against disaster: pooled risk management for megacities

By 2030 some 500 million Asians are expected to live in megacities - urban areas with populations exceeding 10 million - that are at risk from earthquakes, cyclones, and flooding.

© Typhoonski | Dreamstime.com © Typhoonski | Dreamstime.com

IIASA researchers Stefan Hochrainer and Reinhard Mechler, in a paper in Cities, examine city-level risk management and suggest that Asian megacities can pool risks using a model similar to one used by Caribbean nations.

Print this page

Last edited: 07 December 2011

International Institute for Applied Systems Analysis (IIASA)
Schlossplatz 1, A-2361 Laxenburg, Austria
Phone: (+43 2236) 807 0 Fax:(+43 2236) 71 313

Twitter Facebook Youtube
Follow us on