Systemic risk is associated with cascading impacts that spread within and across systems and sectors (e.g. ecosystems, health, infrastructure and the food sector) via the movements of people, goods, capital and information within and across boundaries (e.g. regions, countries and continents). The spread of these impacts can lead to potentially existential consequences and system collapse […]
Understanding Disaster Risk – Systemic risk Read More »
Source(s): United Nations Office for Disaster Risk Reduction (UNDRR) UNDRR Wildfire risk has been increasing over the past quarter century as temperatures rise, precipitation decreases (including snow droughts), heatwave seasons grow longer, competition for forest resources intensifies, and wildlands are degraded. Munich Re has estimated that over the period 2015-2024 the world incurred USD 136 billion in
Reflections on reducing wildfire disaster risks Read More »
Wildfires burned through 390 million hectares in 2025 – equivalent to 92% of the European Union’s land area – yet the costliest event of the year, the January fires in and around Los Angeles, burned just 23,000 hectares while causing more than USD 53 billion in damage. In 2025 the total cost of damages caused
The invisible costs of wildfire disasters in 2025 Read More »
Source(s): United Nations Office for Disaster Risk Reduction (UNDRR)World Meteorological Organization (WMO) Aerial view of the city of Belém, Brazil, which is hosting the COP30 Climate Summit. BELÉM, Brazil – 12 November 2025 – The number of countries with reported Multi-Hazard Early Warning Systems has reached a record high of 119 countries. Moreover, the comprehensiveness of these
Early warning systems reach new heights, but critical gaps jeopardize global progress Read More »
