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The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events.
Severe weather can occur under a variety of situations, but three characteristics are generally needed: a temperature or moisture boundary, moisture, and (in the event of severe, precipitation-based events) instability in the atmosphere.
A literature review in 2016 found that generally there is an increase in diarrheal disease (except for viral diarrheal disease) during or after certain weather conditions: elevated ambient temperature, heavy rainfall, and flooding. [41] These three weather conditions are predicted to increase (or to intensify) with climate change in future.
Cold injury (or cold weather injury) is damage to the body from cold exposure, including hypothermia and several skin injuries. [6] Cold-related skin injuries are categorized into freezing and nonfreezing cold injuries. [ 5 ]
This article is a list of environmental disasters. In this context it is an annotated list of specific events caused by human activity that results in a negative effect on the environment . Main article: Environmental disaster
Climate change is altering the geographic range and seasonality of some insects that can carry diseases, for example Aedes aegypti, the mosquito that is the vector for dengue transmission. Global climate change has increased the occurrence of some infectious diseases. Infectious diseases whose transmission is impacted by climate change include, for example, vector-borne diseases like dengue ...
Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
Risk is subcategory of uncertainty that is considered to make potential issues and problems more manageable. [12]: 11–12 [13] Risk is a term used widely across different management practice areas. Examples are business, economics, environment, finance, information technology, health, insurance, safety, and security.