Mapping values and risks from natural hazards at geographic and institutional scales: framework development
|Title||Mapping values and risks from natural hazards at geographic and institutional scales: framework development|
|Year of Publication||2017|
|Authors||Jones, R, Young, C, Symons, J|
|Institution||Bushfire and Natural Hazards CRC|
This paper describes the framework development for the project “Mapping and understanding bushfire and natural hazard vulnerability and risks at the institutional scale” being undertaken for the Bushfire and Natural Hazards Co-operative Research Centre (BNHCRC). The project is taking a values at risk approach to natural hazard vulnerability by mapping a wide variety of values within an economic geography. Risk ownership of assets at risk and delegated strategic risk management will then be allocated at the institutional scale, providing an insight into existing levels of risk governance for the broad range of values at risk. Aspects of strategic risk management within the project scope concerns natural hazard risk reduction before and after events, taking into account resilience, preparedness, mitigation and recovery.
The systemic nature of natural hazard risk requires building the standard risk assessment process into a broader framework that assess interactions at the institutional scale. This role is filled by the Institutional Analysis and Development Framework (IAD). The framework operates at a polycentric (multiple scale) and heterodox (multiple economic methodology) scale, and is suited to the analysis of common pool resources, which are subtractable, and where limiting access is non-trivial. The capacity to manage natural disaster risk arguably qualifies as a common pool resource, notwithstanding the open-ended nature of current government financing arrangement for disaster recovery.
Key features of the framework include: