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Measuring Societal Vulnerability to Critical Infrastructure Failure due to Extreme Weather Events

Author

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  • Maria Luskova

    (University of Zilina, Faculty of Security Engineering Slovakia)

  • Bohus Leitner

    (University of Zilina, Faculty of Security Engineering Slovakia)

Abstract

Climate change and the associated more frequent and unpredictable occurrence of extreme weather events are according to the Global Risk Report (2020), published by the World Economic Forum, among the top five risks today. Although the effects of extreme weather vary around the world and in regions, their effects on social – economic and natural systems are becoming increasingly important and require an active solution. In this context, it is important to address the individual areas of human society vulnerability, as their assessment is the basic information necessary for improving risk reduction and preparedness to extreme weather events. The paper underlines the importance of critical infrastructure as an asset or system whose disruption or destruction could have a range of serious implications for the performance of economic and social functions of the state and thus on the inhabitants in terms of their life, health, security, property and environment protection. It provides selection of past cases of extreme weather events having impacts on critical infrastructure in sector energy and transportation throughout Europe and their impacts on society. Subsequently own approach to measuring societal vulnerability due to impact of extreme weather event on critical infrastructure is presented. In conclusion recommendations supporting the proactive approach to building resilient critical infrastructure which contributes to resilient society are presented.

Suggested Citation

  • Maria Luskova & Bohus Leitner, 2021. "Measuring Societal Vulnerability to Critical Infrastructure Failure due to Extreme Weather Events," Journal of International Business Research and Marketing, Inovatus Services Ltd., vol. 6(6), pages 13-19, September.
    • Handle: RePEc:mgs:jibrme:v:6:y:2021:i:6:p:13-19
    DOI: 10.18775/jibrm.1849-8558.2015.65.3002
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    References listed on IDEAS

    as
    1. Mechler, Reinhard & Hochrainer, Stefan & Pflug, Georg & Lotsch, Alexander & Williges, Keith, 2010. "Assessing the financial vulnerability to climate-related natural hazards," Policy Research Working Paper Series 5232, The World Bank.
    2. W. Adger & P. Kelly, 1999. "Social Vulnerability to Climate Change and the Architecture of Entitlements," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 4(3), pages 253-266, September.
    3. Susan L. Cutter & Bryan J. Boruff & W. Lynn Shirley, 2003. "Social Vulnerability to Environmental Hazards," Social Science Quarterly, Southwestern Social Science Association, vol. 84(2), pages 242-261, June.
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    More about this item

    Keywords

    Critical infrastructure; Extreme weather; Resilience; Risk; Society; Vulnerability.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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