Addressing path dependencies in decision-making processes for operationalizing compound climate-risk management.

The need for a compound risk governance system and management practice is argued in this paper. We find that, historically, risk management strategies have been developed for single hazards and are often subject to path dependency. It is thus difficult to adapt them to a situation that has compound risks.

Risk justice: Boosting the contribution of risk management to sustainable development.

Comprehensively addressing different aspects of justice is essential to enable risk management to contribute to sustainable development. This article offers a new conceptual framework called risk justice that comprises procedural, distributive, and corrective justice in four dimensions related to sustainable development: social, ecological, spatial, and temporal issues. Risk justice is defined as the quality of being fair and reasonable while governing and managing a possible negative event.

How path dependency manifests in flood risk management: observations from four decades in the Ennstal and Aist catchments in Austria.

Path dependency occurs when a contingent event predetermines what further steps can be taken and self-reinforcing mechanisms lock-in any further development on a sub-optimal trajectory. Path dependency is a prominent concept in the adaptation pathways literature, but insufficiently defined and operationalised. The present paper empirically tracks all constitutive elements of path dependency for four decades of flood risk management (FRM) in two alpine mountain regions in Austria, the Ennstal and Aist river catchments, using a mixed-methods approach.

Integrated assessment of short-term direct and indirect economic flood impacts including uncertainty quantification.

Understanding and quantifying total economic impacts of flood events is essential for flood risk management and adaptation planning. Yet, detailed estimations of joint direct and indirect flood-induced economic impacts are rare. In this study an innovative modeling procedure for the joint assessment of short-term direct and indirect economic flood impacts is introduced.

A methodological framework to operationalize climate risk management: managing sovereign climate-related extreme event risk in Austria.

Despite considerable uncertainties regarding the exact contribution of anthropogenic climate change to disaster risk, rising losses from extreme events have highlighted the need to comprehensively address climate-related risk. This requires linking climate adaptation to disaster risk management (DRM), leading to what has been broadly referred to as climate risk management (CRM). While this concept has received attention in debate, important gaps remain in terms of operationalizing it with applicable methods and tools for specific risks and decision-contexts.