Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2

Abstract In light of the dramatic increase in economic impacts due to wildfires over recent years, the need for globally consistent impact modelling of wildfire damages is ever increasing. Insurance companies, individual households, humanitarian organizations, governmental authorities, and investors and portfolio owners are increasingly required to account for climate-related physical risks. In response to these societal challenges, we present an extension to the open-source and open-access risk modelling platform CLIMADA (CLImate ADAptation) for modelling economic impacts of wildfires in a globally consistent and spatially explicit approach. All input data are free, public and globally available, ensuring applicability in data-scarce regions of the Global South. The model was calibrated at resolutions of 1, 4 and 10 km using information on past wildfire damage reported by the disaster database EM-DAT. Despite the large remaining uncertainties, the model yields sound damage estimates with a model performance well in line with the results of other natural catastrophe impact models, such as for tropical cyclones. To complement the global perspective of this study, we conducted two case studies on the recent megafires in Chile (2017) and Australia (2020). The model is made available online as part of a Python package, ready for application in practical contexts such as disaster risk assessment, near-real-time impact estimates or physical climate risk disclosure.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
Globally consistent assessment of economic impacts of wildfires in CLIMADA v2.2 ; volume:14 ; number:11 ; year:2021 ; pages:7175-7187 ; extent:13
Geoscientific model development ; 14, Heft 11 (2021), 7175-7187 (gesamt 13)

Classification
Wirtschaft

Creator
Lüthi, Samuel
Aznar-Siguan, Gabriela
Fairless, Christopher
Bresch, David N.

DOI
10.5194/gmd-14-7175-2021
URN
urn:nbn:de:101:1-2021120204544284114438
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
15.08.2025, 7:34 AM CEST

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