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In turn, disaster risk reduction is part of the broader consideration of sustainable development. Climate change adaptation and disaster risk reduction have similar goals (to reduce potential impacts of hazards and increase the resilience of people at risk). They use similar concepts and are informed by similar sources and studies. [18]
Risk control, also known as hazard control, is a part of the risk management process in which methods for neutralising or reduction of identified risks are implemented. . Controlled risks remain potential threats, but the probability of an associated incident or the consequences thereof have been significantly red
Risk Control Strategies are the defensive measures utilized by IT and InfoSec communities to limit vulnerabilities and manage risks to an acceptable level. There are a number of strategies that can be employed as one measure of defense or in a combination of multiple strategies together.
Risk reduction or "optimization" involves reducing the severity of the loss or the likelihood of the loss from occurring. For example, sprinklers are designed to put out a fire to reduce the risk of loss by fire. This method may cause a greater loss by water damage and therefore may not be suitable.
Hazard control methods at the top of the graphic are potentially more effective and protective than those at the bottom. Following this hierarchy of controls normally leads to the implementation of inherently safer systems, where the risk of illness or injury has been substantially reduced. [1]
Management selects a risk response strategy for specific risks identified and analyzed, which may include: Avoidance: exiting the activities giving rise to risk; Reduction: taking action to reduce the likelihood or impact related to the risk; Alternative Actions: deciding and considering other feasible steps to minimize risks
Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. [1] [2] The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. [1] [3]
The Global Assessment Report on Disaster Risk Reduction (GAR) is the United Nation’s biennial global review and analysis of the natural hazards that are affecting humanity. The GAR monitors risk patterns and trends and progress in disaster risk reduction while providing strategic policy guidance to countries and the international community.
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