Resilience measures

Name Definition
Flood insurance Flood insurance is an important risk management tool that can be applied at various levels: individual, corporate and government. It provides a mechanism for sharing potential economic losses with others. The basic principle is to spread the risks over time, and among individuals and organizations, which pay insurance premium against ...
Safety margins in new investment Uncertainties in climate change make it difficult to predict precisely the required degree of protection. Often, when it is cheap, it is sensible to add ‘security margins’ to design criteria, in order to improve the resilience of infrastructure to future (expected or unexpected) changes. This is also known as ‘conservative ...