Risk and Resilience Scores
Last updated
Last updated
With our impact calculations, we can now translate the expected damage of hazards into a set of scores so that users from any background can understand the shifting trends in climate risks from the current period to the end of the century.
The platform offers two set of scores, the Physical Risk Score, where only the exposure intensity is used in the damage calculations, and the Resilience-adjusted Risk Score, where local adaptation and societal resilience is factored into the damage calculations. The image below shows the interface for one location in Singapore.
From the left panel, we see that by only taking in the physical risk exposure, the location has a high overall risk score of 76/100, with particular high risk in Heat Stress and Coastal Flooding. In the right panel, we see that both the Inland Flooding risk and Coastal Flooding risk has decreased by 30 points, showing that resilience measures are effective in reducing the corresponding risks.
For the ease of comparison, these scores are benchmarked to the physical risk impact on all indexed locations in the year 2050 under the scenario of SSP370. This allows us to understand how the risk of one location compares against another, and how these changes over time based on a unified frame of reference. This is illustrated in the diagram below:
Looking at the scores for different time periods, we observe that the overall Resilience-adjusted risk Score increases from 18 in the current period to 61 at the end of the century. We can also observe the changes in the risk scores for each risk category and understand the volatility between different time periods in the future. Additionally, all scores can be compared to scores of any selected region, such as comparing the scores to the city average, or the national average.