The work leading to these results has received funding from the European Community’s Seventh Framework Programme under Grant AgreementGrant Agreement • February 11th, 2015
Contract Type FiledFebruary 11th, 2015Formally, the same relationship also holds for other natural hazards. Figure 1 shows three different examples of previously published damage functions. Coastal flood damages to the case study Kalundborg have been estimated based on detailed micro-scale information (Fig. 1(b)). Storm damage for a German district (Fig. 1(c)) and heat mortality in Bologna (Fig. 1(d)) are based on statistical studies, additionally providing estimated confidence bounds. All three examples exhibit the characteristic monotonous increase and are based on the same aggregation of micro- scale damages (Fig. 1(a), Eq. (1)) – differing only in the micro-scale damage function, g(x λ), and the hazard threshold, λ. The former is again a monotonously increasing function for flood and storm damages and a step function (Heaviside function) for heat mortality. The latter, the hazard threshold, can be described via its PDF.