Skip to main content

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

  • Commentary
  • Published:

Costing natural hazards

The proposed 'cost assessment cycle' is a framework for the integrated cost assessment of natural hazards.

This is a preview of subscription content, access via your institution

Relevant articles

Open Access articles citing this article.

Access options

Buy this article

Prices may be subject to local taxes which are calculated during checkout

Figure 1

References

  1. Overall Picture of Natural Catastrophes in 2013 Dominated by Weather Extremes in Europe and Supertyphoon Haiyan (Munich Reinsurance Company, 7 January 2014); http://go.nature.com/V8x4QN

  2. A Science Plan for Integrated Research on Disaster Risk: Addressing the Challenge of Natural and Human-induced Environmental Hazards (ICSU, 2008).

  3. Global Assessment Report on Disaster Risk Reduction 2013 (UNISDR, 2013).

  4. Bouwer, L. M., Crompton, R. P., Faust, E., Höppe, P. & Pielke, R. A. Jr Science 318, 753 (2007).

    Article  CAS  Google Scholar 

  5. Hall, J. W., Brown, S., Nicholls, R. J., Pidgeon, N. F. & Watson, R. T. Nature Clim. Change 2, 833–834 (2012).

    Article  Google Scholar 

  6. Young, R. A. in Cost-benefit Analysis and Water Resources Management (eds Brouwer, R. & Pearce, D) 13–45 (Elgar, 2005).

    Google Scholar 

  7. Meyer, V. et al. Nat. Haz. Earth Syst. Sci. 13, 1351–1373 (2013).

    Article  Google Scholar 

  8. Huggel, C., Stone, D., Auffhammer, M. & Hansen, G. Nature Clim. Change 3, 694–696 (2013).

    Article  Google Scholar 

  9. Goble, R. & Bier, V. M. Risk Analysis 33, 1942–1951 (2013).

    Article  Google Scholar 

  10. Natural Hazards, Unnatural Disasters: the Economics of Effective Prevention (The World Bank, 2010).

  11. Kunreuther, H. et al. Nature Clim. Change 3, 447–450 (2013).

    Article  Google Scholar 

  12. Haasnoot, M., Middelkoop, H., Offermans, A., van Beek, E. & van Deursen, W. P. A. Clim. Change 115, 795–819 (2012).

    Article  Google Scholar 

  13. Iverson, T. & Perrings, C. Glob. Environ. Change 22, 161–177 (2012).

    Article  Google Scholar 

  14. A Comparative Review of Country-level and Regional Disaster Loss and Damage Databases (UNDP, 2013).

  15. Parker, D., Green, C. & Thompson, C. S. Urban Flood Protection Benefits: A Project Appraisal Guide (Gower, 1987).

    Google Scholar 

Download references

Acknowledgements

The research was supported by the European Community's Seventh Framework Program through the Coordination Action Project 'Costs of Natural Hazards' (CONHAZ), Grant Agreement number 244159. This document reflects the authors' views only and not those of the European Community.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Heidi Kreibich.

Supplementary information

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Kreibich, H., van den Bergh, J., Bouwer, L. et al. Costing natural hazards. Nature Clim Change 4, 303–306 (2014). https://doi.org/10.1038/nclimate2182

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1038/nclimate2182

This article is cited by

Search

Quick links

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing