In October 2001, the European Union established the EU Civil Protection Mechanism (UCPM). The UCPM aims to strengthen cooperation on civil protection among EU Member States and UCPM Participating States and to facilitate coordination in the field of civil protection in order to improve...

We document that compared to all other investor groups investment funds exhibit a distinctly procyclical behavior when financial-market beliefs about the probability of a euro-related, institutional rare disaster spike. In response to such euro disaster risk shocks, investment funds shed...

This report presents an assessment of the performance of the European Flood Awareness System (EFAS) of the Copernicus Emergency Service (CEMS) during the flood events in South-West Italy in fall 2022, with a specific focus on the Campania Region, and on the Volturno River Basin. The analysis...

This paper examines the role of disaster risk management (DRM) policies implemented by Brazilian municipalities in mitigating the social damage caused by flooding. Specifically, we analyze three commonly adopted DRM policies by local governments: flood risk mapping, supervision of flood-prone...