Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2

<p>In light of the dramatic increase in economic impacts due to wildfires over recent years, the need for globally consistent impact modelling of wildfire damages is ever increasing. Insurance companies, individual households, humanitarian organizations, governmental authorities, and investors...

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Autores principales:	S. Lüthi, G. Aznar-Siguan, C. Fairless, D. N. Bresch
Formato:	article
Lenguaje:	EN
Publicado:	Copernicus Publications 2021
Materias:	Geology QE1-996.5
Acceso en línea:	https://doaj.org/article/9c363fa5977c4081ae60005a1a4b2824
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spelling	oai:doaj.org-article:9c363fa5977c4081ae60005a1a4b28242021-11-25T11:40:11ZGlobally consistent assessment of economic impacts of wildfires in CLIMADA v2.210.5194/gmd-14-7175-20211991-959X1991-9603https://doaj.org/article/9c363fa5977c4081ae60005a1a4b28242021-11-01T00:00:00Zhttps://gmd.copernicus.org/articles/14/7175/2021/gmd-14-7175-2021.pdfhttps://doaj.org/toc/1991-959Xhttps://doaj.org/toc/1991-9603<p>In light of the dramatic increase in economic impacts due to wildfires over recent years, the need for globally consistent impact modelling of wildfire damages is ever increasing. Insurance companies, individual households, humanitarian organizations, governmental authorities, and investors and portfolio owners are increasingly required to account for climate-related physical risks. In response to these societal challenges, we present an extension to the open-source and open-access risk modelling platform CLIMADA (CLImate ADAptation) for modelling economic impacts of wildfires in a globally consistent and spatially explicit approach. All input data are free, public and globally available, ensuring applicability in data-scarce regions of the Global South. The model was calibrated at resolutions of 1, 4 and 10 km using information on past wildfire damage reported by the disaster database EM-DAT. Despite the large remaining uncertainties, the model yields sound damage estimates with a model performance well in line with the results of other natural catastrophe impact models, such as for tropical cyclones. To complement the global perspective of this study, we conducted two case studies on the recent megafires in Chile (2017) and Australia (2020). The model is made available online as part of a Python package, ready for application in practical contexts such as disaster risk assessment, near-real-time impact estimates or physical climate risk disclosure.</p>S. LüthiS. LüthiG. Aznar-SiguanC. FairlessD. N. BreschD. N. BreschCopernicus PublicationsarticleGeologyQE1-996.5ENGeoscientific Model Development, Vol 14, Pp 7175-7187 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Geology QE1-996.5
spellingShingle	Geology QE1-996.5 S. Lüthi S. Lüthi G. Aznar-Siguan C. Fairless D. N. Bresch D. N. Bresch Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
description	<p>In light of the dramatic increase in economic impacts due to wildfires over recent years, the need for globally consistent impact modelling of wildfire damages is ever increasing. Insurance companies, individual households, humanitarian organizations, governmental authorities, and investors and portfolio owners are increasingly required to account for climate-related physical risks. In response to these societal challenges, we present an extension to the open-source and open-access risk modelling platform CLIMADA (CLImate ADAptation) for modelling economic impacts of wildfires in a globally consistent and spatially explicit approach. All input data are free, public and globally available, ensuring applicability in data-scarce regions of the Global South. The model was calibrated at resolutions of 1, 4 and 10 km using information on past wildfire damage reported by the disaster database EM-DAT. Despite the large remaining uncertainties, the model yields sound damage estimates with a model performance well in line with the results of other natural catastrophe impact models, such as for tropical cyclones. To complement the global perspective of this study, we conducted two case studies on the recent megafires in Chile (2017) and Australia (2020). The model is made available online as part of a Python package, ready for application in practical contexts such as disaster risk assessment, near-real-time impact estimates or physical climate risk disclosure.</p>
format	article
author	S. Lüthi S. Lüthi G. Aznar-Siguan C. Fairless D. N. Bresch D. N. Bresch
author_facet	S. Lüthi S. Lüthi G. Aznar-Siguan C. Fairless D. N. Bresch D. N. Bresch
author_sort	S. Lüthi
title	Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
title_short	Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
title_full	Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
title_fullStr	Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
title_full_unstemmed	Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
title_sort	globally consistent assessment of economic impacts of wildfires in climada v2.2
publisher	Copernicus Publications
publishDate	2021
url	https://doaj.org/article/9c363fa5977c4081ae60005a1a4b2824
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Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2

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