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|Title:||A global multi-hazard risk analysis of road and railway infrastructure assets|
|Authors:||KOKS ELCO; ROZENBERG JULIE; ZORN CONRAD; TARIVERDI MERSEDEH; VOUSDOUKAS MICHAIL; FRASER STUART ALEXANDER; HALL JIM; HALLEGATTE STEPHANE|
|Citation:||NATURE COMMUNICATIONS vol. 10 p. Article number: 2677|
|Publisher:||NATURE PUBLISHING GROUP|
|Type:||Articles in periodicals and books|
|Abstract:||Transport infrastructure is exposed to natural hazards all around the world. Here we present the first global estimates of multi-hazard exposure and risk to road and rail infrastructure. Results reveal that ~27% of all global road and railway assets are exposed to at least one hazard and ~7.5% of all assets are exposed to a 1/100 year flood event. Global Expected Annual Damages (EAD) due to direct damage to road and railway assets range from 3.1 to 22 billion US dollars, of which ~73% is caused by surface and river flooding. Global EAD are small relative to global GDP (~0.02%). However, in some countries EAD reach 0.5 to 1% of GDP annually, which is the same order of magnitude as national transport infrastructure budgets. A cost-benefit analysis suggests that increasing flood protection would have positive returns on ~60% of roads exposed to a 1/100 year flood event.|
|JRC Directorate:||Space, Security and Migration|
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