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© 2021. This work is published under https://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

In light of the dramatic increase in economic impacts due to wildfires over recent years, the need for globally consistent impact modelling of wildfire damages is ever increasing. Insurance companies, individual households, humanitarian organizations, governmental authorities, and investors and portfolio owners are increasingly required to account for climate-related physical risks. In response to these societal challenges, we present an extension to the open-source and open-access risk modelling platform CLIMADA (CLImate ADAptation) for modelling economic impacts of wildfires in a globally consistent and spatially explicit approach. All input data are free, public and globally available, ensuring applicability in data-scarce regions of the Global South. The model was calibrated at resolutions of 1, 4 and 10 km using information on past wildfire damage reported by the disaster database EM-DAT. Despite the large remaining uncertainties, the model yields sound damage estimates with a model performance well in line with the results of other natural catastrophe impact models, such as for tropical cyclones. To complement the global perspective of this study, we conducted two case studies on the recent megafires in Chile (2017) and Australia (2020). The model is made available online as part of a Python package, ready for application in practical contexts such as disaster risk assessment, near-real-time impact estimates or physical climate risk disclosure.

Details

Title
Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2
Author
Lüthi, Samuel 1   VIAFID ORCID Logo  ; Aznar-Siguan, Gabriela 2 ; Fairless, Christopher 3 ; Bresch, David N 1   VIAFID ORCID Logo 

 Institute for Environmental Decisions, ETH Zürich, 8092 Zürich, Switzerland; Federal Office of Meteorology and Climatology MeteoSwiss, 8058 Zürich Airport, Switzerland 
 Federal Office of Meteorology and Climatology MeteoSwiss, 8058 Zürich Airport, Switzerland 
 Institute for Environmental Decisions, ETH Zürich, 8092 Zürich, Switzerland 
Pages
7175-7187
Publication year
2021
Publication date
2021
Publisher
Copernicus GmbH
ISSN
1991962X
e-ISSN
19919603
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2601880902
Copyright
© 2021. This work is published under https://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.