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The national risk index: establishing a nationwide baseline for natural hazard risk in the US

Author

Listed:
  • Casey Zuzak

    (US Federal Emergency Management Agency)

  • Matthew Mowrer

    (Compass PTS JV (ABS Group))

  • Emily Goodenough

    (FACTOR, Inc)

  • Jordan Burns

    (US Federal Emergency Management Agency)

  • Nicholas Ranalli

    (Compass PTS JV (CDM Smith, Inc.))

  • Jesse Rozelle

    (US Federal Emergency Management Agency)

Abstract

The National Risk Index developed by the Federal Emergency Management Agency provides a relative measurement of community-level natural hazard risk across 50 US states and Washington, DC. The Index leverages authoritative nationwide datasets and multiplies values for exposure, annualized frequency, and historic loss ratio to derive expected annual loss estimates for 18 hazard types and combines this metric with Social Vulnerability and Community Resilience scores to generate Risk Index scores for every Census tract and county. Scores provide a holistic and comparable measure of risk across the US. Risk scores and underlying data are summarized in a custom web application. Geographical and statistical processing techniques were used to reconcile incompatibilities between the spatial and temporal collection of input datasets. The index was developed using a multidisciplinary and collaborative approach and input from subject matter experts across disciplines and target users. The National Risk Index builds upon previous efforts to develop a multi-hazard risk measurement for a large geography by expanding the number of hazard types considered, applying extensive geoprocessing techniques to combine diverse datasets, and combining traditional risk factors with the community risk factors of social vulnerability and community resilience for an enhanced nationwide picture of risk.

Suggested Citation

  • Casey Zuzak & Matthew Mowrer & Emily Goodenough & Jordan Burns & Nicholas Ranalli & Jesse Rozelle, 2022. "The national risk index: establishing a nationwide baseline for natural hazard risk in the US," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 114(2), pages 2331-2355, November.
  • Handle: RePEc:spr:nathaz:v:114:y:2022:i:2:d:10.1007_s11069-022-05474-w
    DOI: 10.1007/s11069-022-05474-w
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    References listed on IDEAS

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    Cited by:

    1. Patozi, A., 2023. "Green Transmission: Monetary Policy in the Age of ESG," Janeway Institute Working Papers 2302, Faculty of Economics, University of Cambridge.
    2. Patozi, A., 2023. "Green Transmission: Monetary Policy in the Age of ESG," Cambridge Working Papers in Economics 2311, Faculty of Economics, University of Cambridge.

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