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Hotspots Explorer makes climate risk research accessible

IIASA, the United Nations Industrial Development Organisation, and the Global Environment Facility have launched an interactive online mapping tool that allows the public and policymakers to easily explore overlapping and ...

Air pollution costs Europe cities $190bn a year: analysis

Air pollution costs inhabitants of European cities more than 160 billion euros ($190 billion) each year due to long- and short-term health impacts, a group of environmental and social watchdogs said in research published ...

Tightening water security through rainwater harvesting

Water security is likely to be one of the most critical challenges facing humanity in the coming years. As such rainwater harvesting where it is possible is one possible solution in some contexts. Research published in the ...

Protection needed for emerging mining hotspots

Growing demand for metals necessary for the transition to a low carbon future will lead to more mining in high-risk areas, according to University of Queensland research.

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

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