Risk assessment “saves" millions of lives but…

Risk assessment “saves

Wild Card's progress: fully-fledged

This Wild Card came from: 
European Commission Framework Programme for RTD

The theme/scheme related to this Wild Card: 
Theme 6 - Environment (including Climate Change)

The sub-theme that best relates to this Wild Card: 
Natural hazards

Likelihood timeframe and scenario features : 
now-2025

Wild Card's description 
Risk assessment research could save millions of lives but also lead to new social disasters. Such as "ghost towns" or abandonment of "unwanted people". Highly influential risk assessment could unexpectedly result in a widespread relocation of population as governments and insurance companies use research findings to relocate firms and jobs. By providing public access to key information about the intensity and impacts of possible extreme storm events, a European early warning study on coastal risks (unintentionally) leads to socio-economic disaster (e.g. investment and property crises) in selected case study areas in several countries. Major risks related to the relocation of "unwanted people".