Mitigation and Risk Reduction of Floods in Paraguay (Essay Sample)

Mitigation and Risk Reduction of Floods in Paraguay
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Mitigation and Risk Reduction of Floods in Paraguay
Water-associated catastrophes account for over 60 % of the natural catastrophes worldwide. Climate change and global warming have led to altering weather patterns around the globe. Floods have been a problem in many countries in both industrialized and less developed, leading to huge economic damage and leading to human suffering. The decline of flood risk, comprehended worldwide as a combination of vulnerability, exposure, and hazard, is somewhat a distant objective. Management of flood risk seeks to decline the hazard from flood events to the individuals who are situated in flood-prone zones. The risk magnitude is a flood hazard function, the particular zone characteristics, measures that should be assimilated to mitigate the probable effects of flooding, the susceptibility of property and people, and the consequences emanating from a specific flood event (Haer et al., 2017). The starting threat is illustrated by the zone’s characteristics without regarding the risk transfer and mitigation measures and the susceptibility of the populace.
Every risk transfer and mitigation strategy declines the whole threat to some extent, but it is intolerable to eliminate risk. A good risk administration approach identifies and executes measures that decline the whole hazard and what remains is an outstanding risk. In creating the approach, those accountable judge the benefits and costs of every approach taken and their entire impact in declining the threat. Among the countries affected by floods is Paraguay. For the past decade, floods in Paraguay have caused havoc and damage in different