Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management

The escalation of climate-induced disasters underscores how climatic variability has become a main question in designing risk-sensitive policies in advanced and developing countries. The macroeconomic implications of Natural Hazards (NHs) are extremely significant, as they can compromise financial s...

Full description

Saved in:
Bibliographic Details
Main Authors: Nadia Netti, Martina de Cristofaro
Format: Article
Language:English
Published: MDPI AG 2024-10-01
Series:Businesses
Subjects:
Online Access:https://www.mdpi.com/2673-7116/4/4/35
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846105450859200512
author Nadia Netti
Martina de Cristofaro
author_facet Nadia Netti
Martina de Cristofaro
author_sort Nadia Netti
collection DOAJ
description The escalation of climate-induced disasters underscores how climatic variability has become a main question in designing risk-sensitive policies in advanced and developing countries. The macroeconomic implications of Natural Hazards (NHs) are extremely significant, as they can compromise financial stability and long-term prosperity. To mitigate risks and close the knowledge, protection, and development gaps can free resources, speeding up reconstruction of infrastructure, recovering from disruption of supply chains, and returning to pre-disaster levels of activities. This is not a simple task involving different steps of a “ladder approach”, sharing the burden of cost and responsibilities across the relevant stakeholders and reducing moral hazard. This approach rests on Public–Private Partnerships (PPPs) and technological R&D public investments able to crowd private ones in and establish useful Public–Private Insurance Schemes enhancing the disaster risk management role of the state. This paper proposes leveraging innovation technology both to enhance risk assessment and reduce uncertainty for climate-related NHs such as landslides. It is an important interdisciplinary question; in fact, despite the unequivocal acknowledgment of the global warming system, the precise ramifications of global warming and associated climatic shifts on NHs like landslides remain still elusive. The advanced modeling technique implemented by our interdisciplinary PPP contributes to geographically circumscribe the areas eventually subjected to landslides and constantly monitor the vulnerability of their structures, infrastructures, economic activities, and hence population. The reliable data that we can produce through remote sensing acquisition systems are necessary inputs to contain risk exposure both physically and financially.
format Article
id doaj-art-d10a380c291f4b59a4859ea7c4da005e
institution Kabale University
issn 2673-7116
language English
publishDate 2024-10-01
publisher MDPI AG
record_format Article
series Businesses
spelling doaj-art-d10a380c291f4b59a4859ea7c4da005e2024-12-27T14:16:16ZengMDPI AGBusinesses2673-71162024-10-014458259510.3390/businesses4040035Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk ManagementNadia Netti0Martina de Cristofaro1Department of Economics, Management and Institutions, University of Naples Federico II, 80126 Naples, ItalyDepartment of Engineering, University of Campania Luigi Vanvitelli, 81031 Aversa, ItalyThe escalation of climate-induced disasters underscores how climatic variability has become a main question in designing risk-sensitive policies in advanced and developing countries. The macroeconomic implications of Natural Hazards (NHs) are extremely significant, as they can compromise financial stability and long-term prosperity. To mitigate risks and close the knowledge, protection, and development gaps can free resources, speeding up reconstruction of infrastructure, recovering from disruption of supply chains, and returning to pre-disaster levels of activities. This is not a simple task involving different steps of a “ladder approach”, sharing the burden of cost and responsibilities across the relevant stakeholders and reducing moral hazard. This approach rests on Public–Private Partnerships (PPPs) and technological R&D public investments able to crowd private ones in and establish useful Public–Private Insurance Schemes enhancing the disaster risk management role of the state. This paper proposes leveraging innovation technology both to enhance risk assessment and reduce uncertainty for climate-related NHs such as landslides. It is an important interdisciplinary question; in fact, despite the unequivocal acknowledgment of the global warming system, the precise ramifications of global warming and associated climatic shifts on NHs like landslides remain still elusive. The advanced modeling technique implemented by our interdisciplinary PPP contributes to geographically circumscribe the areas eventually subjected to landslides and constantly monitor the vulnerability of their structures, infrastructures, economic activities, and hence population. The reliable data that we can produce through remote sensing acquisition systems are necessary inputs to contain risk exposure both physically and financially.https://www.mdpi.com/2673-7116/4/4/35climate changenatural hazardsresiliencerisk managementeconomic developmentinnovation technology
spellingShingle Nadia Netti
Martina de Cristofaro
Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
Businesses
climate change
natural hazards
resilience
risk management
economic development
innovation technology
title Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
title_full Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
title_fullStr Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
title_full_unstemmed Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
title_short Bridging Knowledge, Protection and Development Gaps Through an Interdisciplinary Multi-Stakeholder Approach to Natural Hazards Risk Management
title_sort bridging knowledge protection and development gaps through an interdisciplinary multi stakeholder approach to natural hazards risk management
topic climate change
natural hazards
resilience
risk management
economic development
innovation technology
url https://www.mdpi.com/2673-7116/4/4/35
work_keys_str_mv AT nadianetti bridgingknowledgeprotectionanddevelopmentgapsthroughaninterdisciplinarymultistakeholderapproachtonaturalhazardsriskmanagement
AT martinadecristofaro bridgingknowledgeprotectionanddevelopmentgapsthroughaninterdisciplinarymultistakeholderapproachtonaturalhazardsriskmanagement