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Add risk analysis note
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tomalrussell committed Aug 7, 2024
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Showing 1 changed file with 111 additions and 3 deletions.
114 changes: 111 additions & 3 deletions src/pages/GuidePage.tsx
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import { Link } from '@mui/material';

import { ExtLink } from '@/lib/nav';

import {
Expand All @@ -11,6 +13,7 @@ import {
MiniBar,
SuperSectionHeader,
} from './ui/ArticleContainer';
import { BackToTop } from './ui/BackToTop';
import { HeadingBox, HeadingBoxText } from './ui/HeadingBox';

export const GuidePage = () => (
Expand All @@ -26,6 +29,113 @@ export const GuidePage = () => (
This page introduces key concepts and terminology used throughout the GRI Risk Viewer.
</EmphasisTextParagraph>
</EmphasisTextContainer>

<ArticleParagraph>
<Link id="contents" href="#contents">
Contents
</Link>
<ul>
<li>
<Link href="#risk-analysis">Risk analysis</Link>
</li>
<li>
<Link href="#glossary">Glossary</Link>
</li>
</ul>
</ArticleParagraph>
</ArticleSection>

<BackToTop id="risk-analysis" />
<ArticleSection>
<SuperSectionHeader>Risk analysis</SuperSectionHeader>
<ArticleParagraph>
The platform uses globally available open data to display and provide access to data on
hazards, exposure and risk. In particular, the risk analytics are produced as part of a
scalable and rapidly deployable method (implemented in the{' '}
<ExtLink href="https://github.com/nismod/open-gira">Open-GIRA</ExtLink> workflow) aiming
to analyse direct damages and indirect losses associated with infrastructure networks due
to climate-related hazards.
</ArticleParagraph>
<ArticleParagraph>
Open-GIRA calculates direct damages to physical assets in a similar way to standard
catastrophe risk models and climate risk assessment methods. It can process return period
hazard maps or spatially resolved event sets. The workflow also estimates some of the
potential indirect losses from disasters, arising from business disruption and
infrastructure service disruption directly related to the direct impacts (damage or
destruction of assets). These can be thought of as the first order economic impact on the
supply chain.
</ArticleParagraph>
<ArticleParagraph>
The two principal use cases of the risk analysis are:
<ul>
<li>
Single asset risk analysis, including comparative analysis between multiple single
assets. This may also extend to the identification of hotspots of vulnerability by
comparing single assets across an entire set of assets. Note that while such
comparative analysis is useful, a full marginal impact (on the total aggregate
portfolio risk) is likely more informative and can only be conducted as part of a
portfolio risk analysis.
</li>
<li>
Portfolio risk analysis, that is the aggregation of risk across a portfolio of assets,
including regional, national, sectoral or network-wide analysis.
</li>
</ul>
</ArticleParagraph>
<ArticleParagraph>
The model can use three kinds of hazard data, all of which provide a measure of hazard
intensity at some spatial resolution over the area of interest:
<ul>
<li>
Return period hazard maps show areas affected by hazards of a particular severity,
expressed in terms of the return period of the hazard intensity at each grid cell.
These maps do not reflect realistic hazard events that could occur. Each grid cell is
treated independently. They are not spatially correlated and do not contain
information about the duration of the hazard.
</li>
<li>
Spatially resolved event sets map a large range of potential events, incorporating
information about the potential size, strength, location, path and likelihood of the
event occurring (e.g. tropical cyclone maximum wind speeds along a track). This
provides spatially correlated intensity measures across all grid cells in the modelled
domain and enables the calculation of aggregate losses (e.g. at a national scale) at a
range of different annual exceedance probabilities.
</li>
<li>
Historic event catalogues are formally equivalent to spatially resolved event sets but
for observed historical events &ndash; noting that such observations may come from
reanalysis modelling. Their principle use case is event reconstruction and validation.
These observed events may have an associated return period estimate.
</li>
</ul>
</ArticleParagraph>
<ArticleParagraph>
The type of input hazard data available determines the analysis results that can be relied
upon by a user. For single asset risk analysis, or simple comparison between assets, all
output metrics can be calculated from either return period maps or spatially resolved
event sets. For portfolio risk analysis, return period maps severely limit the output
metrics available.
</ArticleParagraph>
<ArticleParagraph>
Return period hazard maps do support single asset or comparative risk analysis, but do not
provide the necessary information to meaningfully aggregate risk results from multiple
assets to draw conclusions about portfolio, network-wide, regional, or national risks. The
asset-level analytics can still be calculated for all assets and are suitable for
comparison and could be used for high-level risk screening or prioritisation.
</ArticleParagraph>
<ArticleParagraph>
Spatially resolved event sets are needed to calculate aggregate losses for different
exceedance probabilities (or return periods). The GRI Risk Viewer currently only presents
return period hazard maps and risk results derived from them. There are limited open
datasets which provide spatially resolved event sets &ndash; notably for tropical
cyclones, there are the IBTraCS historical storms, STORM and IRIS synthetic event sets.
This currently limits the possibilities for deriving large-scale aggregate risk analytics.
</ArticleParagraph>
</ArticleSection>

<BackToTop id="glossary" />
<ArticleSection>
<SuperSectionHeader>Glossary of terms</SuperSectionHeader>
<ArticleParagraph>
This glossary draws on various resources covering climate and disaster risk concepts and
terminology. The International Panel of Climate Change{' '}
Expand All @@ -41,9 +151,6 @@ export const GuidePage = () => (
</ExtLink>{' '}
which give concise descriptions of climate-related and other hazards.
</ArticleParagraph>
</ArticleSection>
<ArticleSection>
<SuperSectionHeader>Glossary of terms</SuperSectionHeader>

<ArticleSectionHeader>Risk</ArticleSectionHeader>
<ArticleParagraph>
Expand Down Expand Up @@ -232,6 +339,7 @@ export const GuidePage = () => (
below 0.5m, and some proportional repair or rehabilitation cost for higher depths.
</ArticleParagraph>
</ArticleSection>
<BackToTop id="end" />
</ArticleContentContainer>
</ArticleContainer>
);

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