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  • CelsiusPro and GEM partnership aims to expand earthquake and climate risk financing options through parametric insurance - GEM Foundation

    News CelsiusPro and GEM partnership aims to expand earthquake and climate risk financing options through parametric insurance By: ​ ​ Nov 10, 2022 ​ Share Facebook X (Twitter) LinkedIn ​ CelsiusPro, a pioneering parametric insurance solutions provider in climate and NatCat risk protection, has established a partnership with the Global Earthquake Model (GEM) Foundation, an international public-private organisation that is improving the state of practice of earthquake hazard and risk assessment through the development of open global databases and models, the OpenQuake software, and stakeholder capacity for risk assessment globally. The partnership aims to help communities worldwide mitigate the economic impacts of earthquakes by leveraging the state-of-the-art technology behind CelsiusPro’s end-to-end system for digital parametric insurance solutions, and GEM’s advanced earthquake models and data and commitment to an open, transparent, and collaborative approach at the global, regional, national and local levels. “Our organizations are bound by a shared vision for a safe and disaster-resilient world. For GEM, this partnership provides an excellent opportunity to apply GEM’s models and data for new risk financing opportunities that will contribute to risk reduction objectives. At the same time, we also see this as an opportunity for sharing and exchanging scientific knowledge in processing and analysing risk data and modelling approaches with CelsiusPro in the years ahead,” John Schneider, GEM Secretary General. “Our partnership with GEM will further enhance our risk modeling capabilities for earthquakes allowing us to better serve our clients with risk analysis and product solutions. Providing a fast and efficient payout to bridge the first weeks following natural disasters such as earthquakes, is critical for the survival and future economic prosperity of companies in the affected areas,” says Mark Rueegg, CEO of CelsiusPro. ----- About CelsiusPro CelsiusPro, the Swiss boutique InsurTech company, has been pioneering parametric insurance solutions since 2008, helping its clients mitigate the effects of extreme weather and natural catastrophes worldwide. CelsiusPro provides customized and comprehensive White Label Platform (WLP) solutions to insurers to offer parametric hurricane, earthquake, and agriculture insurance products to its clients. The WLP solutions are turn-key technology solutions for end-to-end management of insurance policies including but not limited to risk modeling, pricing, offer and policy generation, risk monitoring and payout calculation. For information about further products and services, please visit www.celsiuspro.com . About GEM Foundation GEM was formed in 2009 as a non-profit foundation in Pavia, Italy, funded through a public-private sponsorship with the vision to create a world that is resilient to earthquakes. GEM is funded by public and private institutions globally, and is advised by many international organizations ( https://www.globalquakemodel.org/partners ). GEM is also recognized by the UN as an NGO, operating under UN guidelines for a humanitarian organization. GEM’s mission is to become one of the world’s most complete sources of risk resources and a globally accepted standard for earthquake risk assessment. Further, GEM aims to ensure that its products are applied broadly in disaster risk management/reduction and its services are available and accessible to public, private and academic institutions worldwide. No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • TREQ2020 – Capacity development and OpenQuake online training, year in review - GEM Foundation

    News TREQ2020 – Capacity development and OpenQuake online training, year in review By: ​ ​ Jan 23, 2021 ​ Share Facebook X (Twitter) LinkedIn ​ The TREQ project is assessing earthquake risk at community level in three metropolitan centers in Latin America: Quito, Ecuador; Santiago de los Caballeros, Dominican Republic; and Cali, Colombia. In order to cope with the current pandemic, the GEM team shifted the capacity training and on-site workshops to online activities. Aiming to continue and strengthen the local participation in the project activities, 12 OpenQuake online training sessions (3 hours each) have been conducted for more than 200 people in several Latin American countries, with predominant participation from the three TREQ countries (Ecuador, Colombia, and Dominican Republic). The online workshops have increased the reach of the training sessions beyond its original scope. Free online working sessions are available through a dedicated website available in English and Spanish, https://www.training.openquake.org/ , allowing participants around the globe to engage in OpenQuake training activities for earthquake hazard and risk assessment. The online sessions are divided into four modules that cover the basic concepts: Introduction to OpenQuake and Open Source Tools for Earthquake Hazard and Risk Assessment, Earthquake Scenarios, Probabilistic Seismic Hazard Assessment (PSHA), and Probabilistic Event-Based Risk Assessment. All the materials generated for the workshops have been incorporated into the training website. The project team has collected more than 200 responses with excellent and encouraging feedback, which helped the team to shape and improve the material and content of the training. Below is some of the feedback from the participants. “A great course! Very useful for us to start doing work using this great powerful software.” - Zivko Terzic, Melbourne, Australia I really liked the experience and I would like to take this workshop to my students of the Master's Degree in Earthquake Engineering so that we can do research projects." - Maribel Guzman, PUCMM, Dominican Republic "Delighted with the information presented and the material is excellent, including the modeling software" - Hernán Suárez, Risk Management Unit - Municipality of Quito, Ecuador "Congratulations on the development of the tool and your training! Very very interesting and useful." - Srahyrlandy Rocio Díaz, Risk management secretariat, Cali, Colombia "Excellent explanations. Excellent materials and Excellent speakers" - Jonatan Arreola, CENAPRED, Mexico Upcoming OpenQuake online training workshops are scheduled for February and March, 2021 . For more details, visit https://www.training.openquake.org/register . Next steps Expansion to other regions In 2020, the activities focused in Latin America, giving special emphasis to materials and sessions in Spanish. But in 2021, the TREQ project team is keen on expanding and improving the training activities to other regions, by providing materials in English and promoting the online training in Asia and Africa. Training the trainers Within the context of TREQ, five professors of civil engineering - Ana Beatriz Acevedo (EAFIT, Colombia), José Carlos Gil (UMG, Guatemala), Mario González ( UABC, Mexico), Manuel Alfredo López (UES, El Salvador) and Rolando Castillo (UCR, Costa Rica) - are preparing an academic course on seismic hazard and risk assessment. The course is being structured to be taught to undergraduate and master students over the course of an academic semester (15 to 16 weeks) using the training material from TREQ, including the manual for the development of seismic hazard and risk models, video tutorials and evaluation exercises on fundamentals of seismic risk and the use of OpenQuake. The training materials are already being used at EAFIT and will be presented for approval in the other universities in 2021. No images found. GALLERY 1/7 VIDEO RELATED CONTENTS

  • dClimate Partners with Global Earthquake Model to Advance Transparent Earthquake Risk Assessment - GEM Foundation

    News dClimate Partners with Global Earthquake Model to Advance Transparent Earthquake Risk Assessment By: ​ ​ Apr 11, 2023 ​ Share Facebook X (Twitter) LinkedIn ​ dClimate, a leading decentralized climate information ecosystem, today announced its latest partnership with Global Earthquake Model (GEM), a non-profit public-private partnership dedicated to advancing a global collaborative effort to create scientific and top-notch resources for transparent earthquake risk assessment. The partnership between GEM and dClimate to incorporate earthquake-related data into the dClimate ecosystem is particularly significant given recent events such as the devastating earthquake in Turkey and surrounding areas, which have had a profound impact on communities. As part of this partnership, GEM will make its GEM Simplified Global Seismic Hazard Map available on the dClimate marketplace. This will provide users with more comprehensive insights into earthquake hazard risks at individual locations, enabling better risk awareness and communication. “This partnership with GEM marks an important milestone for dClimate as we expand our marketplace and ecosystem to provide users with valuable insights into earthquake risk and facilitate informed decision-making around the world,” said Osho Jha, co-founder and CEO of dClimate. “By integrating GEM's Simplified Global Seismic Hazard Map, we are taking a significant step towards creating a more sustainable future and building more resilient communities." The GEM Global Seismic Hazard Map (GSHM) was created by collating maps computed using national and regional probabilistic seismic hazard models developed by various institutions and projects, and by GEM Foundation scientists. The OpenQuake Engine, an open-source seismic hazard and risk calculation software developed principally by the GEM Foundation, was used to calculate the hazard values. A smoothing methodology was applied to homogenize hazard values along the model borders. The Global Simplified Earthquake Hazard Map is a simplified version of the GSHM intended for applications where quantitative analysis is not required. With the availability of the hazard maps in a digital and interactive setting via the dClimate marketplace, users such as businesses and governments can identify potential earthquake-related hazards for decision-making and infrastructure developments. "dClimate’s easy-access and data-driven approach to help communities worldwide achieve resilience to climate change and other natural hazards such as earthquakes align with GEM’s pillars for understanding and reducing risk. With this partnership, the expanded availability of GEM’s Global Simplified Earthquake Hazard map through dClimate’s platform can help private and public institutions identify potential earthquake-related hazards to properly mitigate the consequences of seismic events,” said John Schneider, GEM’s Secretary General. GEM joins dClimate’s ecosystem of data providers, each providing a unique type of dataset and/or tool enabling the community to build actionable solutions using data from leading experts. With a collection of data on different climate perils, dClimate is creating a global network and repository of data that has multiple use cases across a variety of sectors such as insurance, financial services, agriculture, and energy. About dClimate dClimate is a chain-agnostic decentralized climate information ecosystem. dClimate makes it easy for businesses and builders to find, access, and utilize essential information about our planet to better understand how weather and climate impact our communities and build data-driven technology solutions for helping communities achieve climate resilience in the 21st century. The dClimate network solves key issues around access, availability, and accountability in the climate data ecosystem with the world’s first decentralized, open marketplace for participants to get and share climate data. The network also enables an open ecosystem of climate resilience applications like parametric insurance, advanced analytics and models, and tooling to be built on top of the data layer. dClimate is pioneering data infrastructure solutions for scaling global carbon markets, incentivizing regenerative agriculture practices, and bringing increased efficiency to industries affected by climate risk. Originally appeared on https://blog.dclimate.net/dclimate-partners-with-global-earthquake-model-to-advance-transparent-earthquake-risk-assessment/ . No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • Disaster Risk Reduction: The role of geological survey organizations (GSOs) in understanding risk and informing risk reduction actions - GEM Foundation

    News Disaster Risk Reduction: The role of geological survey organizations (GSOs) in understanding risk and informing risk reduction actions By: ​ ​ Apr 11, 2023 ​ Share Facebook X (Twitter) LinkedIn ​ Disaster Risk Reduction: The role of geological survey organizations (GSOs) in understanding risk and informing risk reduction actions The online forum, divided into three sessions held on February 6th (Enablers), February 13th (Science and Technology) and February 20th (Risk Management Goal), aimed at providing a high-level overview of the role of GSOs in disaster risk reduction, including strategies, awareness of and advocacy on hazards and risks, financial risk management, building codes, and early warning systems. The virtual event, organized by the World Community of Geological Surveys, NRCan, GEM Foundation and GNS New Zealand, was attended by more than 532 individuals from 97 countries. Keynote topics included an introduction to GSOs in Disaster Risk Reduction by Sahar Safaie (Sage On Earth Consulting); the Global tsunami early warning program and its cross-jurisdiction approach by Denis Chang Seng (Intergovernmental Oceanographic Commission); The evolution of earthquake building codes and recommended approaches for advancing building codes by Tunar Onur (Onur Seemann Consulting); and an Overview of the Global Earthquake Model and the lessons learned about partnerships at local, national, regional and global level by John Schneider (GEM Foundation). John’s presentation focused on GEM’s achievements built upon collaborations and partnerships at different geographic scales: Local - TREQ project to develop capacity for urban earthquake hazard and risk assessment in Quito, Santiago and Cali); Country - (national seismic risk model for Canada, earthquake risk assessment and retrofit scenarios for Türkiye and earthquake hazard model for the Philippines; Regional - European seismic hazard and risk model; and Global - global earthquake hazard and risk model. John emphasized that these multi-level engagements were guided by GEM principles (openness, credibility, collaboration and public good), and international drivers such as the Sendai Framework Agreement and Sustainable Development Goals. Two questions highlighted the Q&A portion of the GEM session: 1) why aren't risk models used every five years to audit whether progress is being made in risk reduction by measuring and reporting expected economic damages and casualties?, and 2) how might GEM’s exposure database be used in other applications such as for the risk assessments of other hazards or in post-disaster impact assessments? For the first question, John expressed that it’s an area the GEM ought to be striving to be able to do. He added that over short time periods, it's quite difficult to do and explained that “I think it’s possible to monitor things like changes in building stock, look at earthquakes that are happening historically, and compare over different time scales in different countries”. John further added, “I think we're getting to a point where this is becoming more possible - not only for earthquakes but also for other hazards - as we evolve our capabilities, as we get better at measuring risk and collecting the data. We will be able to use modeling tools together with observations to do exactly that in the future”. For the second question, John answered that GEM’s global exposure database can be used for other perils because it’s hazard agnostic. He explained that the database contains information about the fundamental properties of residential, commercial and industrial buildings, construction practices, economic data and other variables that can be used for exposure modelling for climate change, floods, storms and other natural hazards. To watch all the presentations and recordings, please visit the American Geosciences Institute YouTube channel . No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • Build up on trainings - GEM Foundation

    News Build up on trainings By: ​ ​ Jul 2, 2018 ​ Share Facebook X (Twitter) LinkedIn ​ The workshop organized in Lima in collaboration with the National Center for Disaster Risk Assessment, Prevention and Reduction of Peru (CENEPRED) on May 13-15 2015 represented a great step ahead for GEM both in having our regional partners communicating the progress of their activities and in enhancing their ability to perform calculations with the OpenQuake-Engine. The new GUI (graphical user interface) of the Engine was extremely well received and participants were able to perform risk calculations in about half the usual time. Here below a collapse map for an historical event in Antioquia, the second largest region in Colombia. There are several other projects starting soon in Colombia in which GEM guidelines and tools will be used and similar results were also obtained for Chile and for a few buildings in Venezuela.GEM also implemented a training workshop for CENEPRED staff on the use and applications of the GEM-developed Inventory Data Capture Tools (IDCT), with the aim of enhancing CENEPRED ability to carry out building inventories. Besides the theoretical training, the exercise included actual inventory of building in several areas of Lima. As a result of this effort, CENEPRED is now coordinating the preparation of the exposure model for Lima, which will be utilized to estimate buildings damage and loss for the Peruvian capital. The interest of CENEPRED in establishing a long-term collaboration with GEM was demonstrated by the creation of a working group to carry out a risk assessment for the city of Lima and by their willingness to share existing disaster risk information about Peru with our scientists.It is also worth mentioning that an agreement was advanced with UNESCO-Peru to join forces and coordinate activities within the risk assessment of Lima. With UNESCO-Peru’s assistance, the risk assessment of schools and historical monuments will be incorporated in the risk assessment of Lima adding, in this way, value to the entire project. No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • ‘Rock recorders’ reveal drastic drop in earthquake hazard forecasts for Los Angeles - GEM Foundation

    News ‘Rock recorders’ reveal drastic drop in earthquake hazard forecasts for Los Angeles By: ​ ​ Jan 18, 2024 Jan 18, 2024 Share Facebook X (Twitter) LinkedIn Photo of one of the precariously balanced rocks studied as part of the project at Lovejoy Buttes. Blue and white tape on the PBR, and red and orange tape on the outcrop below. Yellow tape is used to accurately map the geometry of the base of the PBR. The pattern of joints(fractures) in the granite rock mean that this landscape has an abundance of fragile features. Imperial College London press release ----- Imperial College London scientists have challenged existing earthquake hazard estimates for the San Andreas fault near Los Angeles. The fault marks where two tectonic plates meet, and is responsible for some of California's largest earthquakes. The latest seismic hazard assessment, led by researchers at Imperial, suggests that the hazard of a giant earthquake on the Mojave section of the San Andreas fault area – the closest section to greater Los Angeles – is much lower. The team found that in the unlikely event that a once-in-10,000-years earthquake erupted on the San Andreas fault, the ground would shake 65 per cent less violently than previously thought. The ground shaking uncertainty range was 72 per cent lower than previous estimates – meaning that researchers are much more certain about the new estimate compared to previous estimates. To reach this conclusion, researchers investigated a group of precariously balanced rocks (PBRs) at Lovejoy Buttes, an area found 15 kilometres away from the San Andreas fault. PBRs are naturally balanced rock formations which are found worldwide and provide ancient geological data. Despite their delicate balance, PBRs have survived thousands of years of earthquakes without toppling, revealing insights into prehistorical seismic activity. In this way, they act as ‘inverse seismometers’ or earthquake ‘rock recorders’, as described by the researchers – since the PBRs have not toppled, they record ground shaking of large earthquakes that have not happened. Photo of a precariously balanced rock from elsewhere in southern California, same PBR as in DSCN2456. Senior author Dr Dylan Rood, from the Department of Earth Science and Engineering (ESE) at Imperial, said: “Earthquake hazard scientists are usually limited in their estimation of future earthquake hazard by the fact that modern seismometers have only been recording earthquake shaking for approximately the past hundred years. Therefore, when it comes to less frequent earthquakes happening over tens of thousands to millions of years, estimates become highly uncertain as more assumptions need to be made. “Our groundbreaking ‘inverse seismometers’ technique allows us to forecast large, infrequent earthquake ground shaking more precisely. These precariously balanced rocks overturn the hazard model for the San Andreas fault nearest to Los Angeles.” By precisely dating the age of the PBRs at Lovejoy Buttes and examining their structural fragility (and therefore the likelihood of toppling due to ground tremors), the team at Imperial obtained key information about what intensity of ground shaking can be expected during these rare, powerful San Andreas fault earthquakes. Photo of one of the precariously balanced rocks studied as part of the project at Lovejoy Buttes. The San Andreas fault runs along the base of the San Gabriel Mountains in the background of the photo, ~15 km away. This PBR has been fragile for ~28,500 years, so has survived the ground shaking from all those years of San Andreas fault earthquakes. The findings were presented at the AGU Annual Meeting last month and are published today in Seismological Research Letters . First author Dr Anna Rood, seismic hazard scientist at the Global Earthquake Model (GEM) Foundation and ESE and Civil and Environmental Engineering alumna, said: “We have innovated and implemented the most rigorous PBR validation methods to date. This is an important advance in earthquake hazard analysis, and practitioners should incorporate these methods. Our improved estimates have implications for the seismic hazard assessment of greater Los Angeles, which guide plans for disaster preparation, emergency responses and building codes. While a reduction in hazard may comfort residents of this earthquake-prone region, the magnitude of the inconsistency between our previous hazard estimates and the PBR survival raises important questions about our understanding of earthquake processes.” Researchers emphasised the need for independent data to validate seismic hazard estimates going forward. To improve the accuracy of estimates, they stress the importance of utilising the unique data over the timescales of rare, large earthquakes provided by fragile geologic features such as PBRs. Next, the team will use their inverse seismometer technique to validate seismic hazard estimates for other areas, including the Cascadia Subduction Zone in the Pacific Northwest, USA. Subduction zones generate the largest earthquakes on Earth, yet important questions remain about past and future shaking during magnitude nine megathrust earthquakes. The study was funded by the Southern California Earthquake Center (SCEC), the Lawrence Livermore National Laboratory, the US National Science Foundation and the Engineering and Physical Sciences Research Council (EPSRC) in the UK, part of UKRI. ‘San Andreas fault earthquake hazard model validation using probabilistic analysis of precariously balanced rocks and Bayesian updating’ by Anna H. Rood, Peter J. Stafford, Dylan H. Rood published 17 January 2024 in Seismological Research Letters. All photo credits: Dylan and Anna Rood ---------- For more information contact: Caroline Brogan, Media Manager (Engineering) Imperial College London caroline.brogan@imperial.ac.uk +44(0)20 7594 3415 +44(0)7745 650 147 Out of hours press officer mobile: +44 (0)7803 886248 About Imperial College London Imperial College London is a global top ten university with a world-class reputation. Imperial’s 22,000 students and 8,000 staff are working to solve the biggest challenges in science, medicine, engineering and business. Imperial ranks sixth in the 2024 QS World University Rankings and eighth in the 2024 Times Higher Education World University Rankings. The 2021 Research Excellence Framework (REF) found that it has a greater proportion of world-leading research than any other UK university. It also received a Gold Award in the 2023 Teaching Excellence Framework (TEF). Imperial was named University of the Year in the Daily Mail University Guide 2024, University of the Year for Graduate Employment in The Times and Sunday Times Good University Guide 2024, and awarded a Queen’s Anniversary Prize for its COVID-19 response. https://www.imperial.ac.uk/ No images found. GALLERY IMG_2362.JPG Photo of a precariously balanced rock from elsewhere in southern California, same PBR as in DSCN2456. DSCN1662.JPG Photo of one of the precariously balanced rocks studied as part of the project at Lovejoy Buttes. Blue and white tape on the PBR, and red and orange tape on the outcrop below. Yellow tape is used to accurately map the geometry of the base of the PBR. Close up of photo DSCN1575. This is oldest rock we studied at Lovejoy Buttes and is ~50,000 years old. This age is shown by the dark rock varnish that has developed on its surface over time. DSCN1575.JPG Photo of one of the precariously balanced rocks studied as part of the project at Lovejoy Buttes. Blue and white tape on the PBR, and red and orange tape on the outcrop below. Yellow tape is used to accurately map the geometry of the base of the PBR. The pattern of joints(fractures) in the granite rock mean that this landscape has an abundance of fragile features. IMG_2362.JPG Photo of a precariously balanced rock from elsewhere in southern California, same PBR as in DSCN2456. 1/8 VIDEO RELATED CONTENTS

  • North Asia Exposure | Global EarthQuake Model Foundation

    Project Name Products North Asia Exposure Repository with the inventory of residential, commercial and industrial buildings in North Asia Share Facebook X (Twitter) LinkedIn Description The Global Exposure Model is a mosaic of local and regional models with information regarding the residential, commercial, and industrial building stock at the smallest available administrative division of each country and includes details about the number of buildings, number of occupants, vulnerability characteristics, average built-up area, and average replacement cost. The dataset is developed and maintained by the GEM Foundation, using a bottom-up approach at the global scale, using national statistics, socio-economic data, and local datasets. This model allows the identification of the most common types of construction worldwide, regions with large fractions of informal construction, and areas prone to natural disasters with a high concentration of population and building stock. The North Asia region of the model includes information pertaining to Russia and Mongolia. How to cite this work Yepes-Estrada, C., Calderon, A., Costa, C., Crowley, H., Dabbeek, J., Hoyos, M., Martins, L., Paul, N., Rao, A., Silva, V. (2023). Global Building Exposure Model for Earthquake Risk Assessment. Earthquake Spectra. doi:10.1177/87552930231194048 Available Versions An open version (v2023.1) of the model, aggregated at Administrative Level 1, is available for direct download under a CC BY-NC-SA 4.0 license. Users interested in this version can click the "Open Repository" button in the right panel to access the information. The full version for any country/territory, at the highest resolution available, can be requested by clicking on the "License Request", where a specific license will be provided, depending on the use case. License information The open version is available under a Creative Commons CC BY-NC-SA 4.0 license, which requires: *Attribution (you must give appropriate credit, provide a link to the license, and indicate if changes were made) *Non-commercial (you may not use the material for commercial purposes) *ShareAlike (derivatives created must be made available under the same license as the original) Any deviation from these terms incur in license infringement. For commercial use of the model, a specific license agreement must be made tailored to your use case, in such instance please click on "License Request". Share License CC BY-NC-SA 4.0 Available resources Documentation License Request Facebook X (Twitter) LinkedIn text Map View Search Popup title Close Country/Region Available Resources Country/Region Available Resources Country/Region Resource Url Search Found Country/Region Resource Url Preview Preview is not available. Search Found Country/Region Resource Url Preview Preview is not available. Search Found Country/Region Resource Url Preview Preview is not available. Related products Global Exposure Model Global Vulnerability Model Global Seismic Risk Map Country-Territory Seismic Risk Profiles Global Seismic Hazard Map Related publications For downloading or accessing detailed product information like PNG/PDF maps, datasets, license request, shapefiles and more, please switch to a desktop or laptop computer. Thank you for your understanding.

  • SERA Project workshop - GEM Foundation

    News SERA Project workshop By: ​ ​ Jul 2, 2018 ​ Share Facebook X (Twitter) LinkedIn ​ On September 18th and 19th, the EUCENTRE, a GEM sponsor and host institution to the GEM Foundation, hosted a meeting focused on the SERA Project, acronym for ‘Seismology and Earthquake Engineering Research Infrastructure Alliance for Europe’. The EUCENTRE is leading a work package within SERA on the development of a risk framework for Europe, and is collaborating with GEM to develop exposure and vulnerability models, and to run risk calculations at a European scale using the OpenQuake-engine. The overall objective of SERA is to improve access to data, services and research infrastructures, and deliver solutions based on innovative R&D (research and development) in seismology and earthquake engineering with the end goal of reducing the exposure of our society to the risk posed by natural and anthropogenic [j2] earthquakes. For more details, visit SERA's website at www.sera-eu.org. Vitor Silva and Venetia Despotaki, Risk Coordinator and Physical Risk Engineer respectively, attended the meeting on behalf of the GEM Foundation. GEM is working with the other partners in the project, which includes universities and research institutions from Italy, Portugal, Greece, Switzerland, France and Turkey, in the development of exposure and vulnerability models which will generate a number of risk metrics across Europe (average annualized losses, probable maximum losses, risk maps), critical for the development of seismic risk reduction strategies. To this aim, the collaboration between SERA and GEM has already led to the development of an exposure model for 12 countries in the Balkan region for the residential building stock (at the municipality level), i.e.: Albania, Bulgaria, Croatia, Greece, Romania, Serbia, and Slovenia. The datasets used are based on the latest national housing census of each country and will be constantly improved. Similarly, the work will be extended to the rest of the European countries. In addition to the residential building stock, databases regarding the industry for each country, and socio-economic indicators (e.g., labour force, population per economic sector) will be further utilized to facilitate the development of exposure models for industrial and commercial buildings. Vitor and Venetia also presented a building taxonomy based on an international standard (the GEM Building Taxonomy https://www.globalquakemodel.org/single-post/2017/05/17/GEM-Building-Taxonomy-Version-20) that will be used in both the development of building exposure models and the fragility and vulnerability models. No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • GEM Foundation Chosen Among Ten Innovators for Hunger-Free and Resilient World - GEM Foundation

    News GEM Foundation Chosen Among Ten Innovators for Hunger-Free and Resilient World By: ​ ​ Dec 14, 2023 Nov 20, 2023 Share Facebook X (Twitter) LinkedIn ​ November 20, 2023. The Global Earthquake Model (GEM) Foundation has been selected among 10 pioneering teams recognised by the World Food Programme Innovation Accelerator for their focus on crisis relief and resilience, contributing to a hunger-free world. This initiative aims to enhance global efforts toward a safer and stronger world by addressing acute food insecurity while promoting community resilience. With an astounding 1400+ applications from 122 countries, the selection process identified GEM Foundation's commitment to seismic safety and community resilience among the groundbreaking innovations. GEM's efforts align with this critical initiative, amplifying seismic safety measures and strengthening community resilience in earthquake-prone areas. Vitor Silva, Head of Risk Engineering expressed gratitude for the recognition, stating, “Being selected among numerous applicants reflects the value of GEM products to identify vulnerable communities, and act rapidly when destructive events occur. Our focus with the World Food Programme will be in aligning GEM models and tools with their existing framework.” GEM looks forward to participating in the WFP Innovation Pitch Event on February 16, 2024. This recognition not only acknowledges GEM's dedication to seismic safety but also affirms its role in contributing to a world where no one suffers from hunger. To learn more about the initiative and the selected teams, visit: https://wfpinnovation.medium.com/from-relief-to-resilience-ten-groundbreaking-innovations-for-a-hunger-free-and-sustainable-world-f014a4217b2e . No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

  • COP27: Launch of GRII Demonstrator - GEM Foundation

    News COP27: Launch of GRII Demonstrator By: ​ ​ Dec 6, 2022 ​ Share Facebook X (Twitter) LinkedIn ​ The Global Resilience Index Initiative (GRII) launched a Demonstrator at COP27. The launch of the Demonstrator aimed to provide the initial set of people, planet, and prosperity indices to guide financial decisions to scale up adaptation. At COP27, the GRII also called on innovators and data providers worldwide to support the scaling and improvement of this initiative, as well as engagement from more pathfinder institutions and governments. The Initiative noted that the availability of scientific and reliable data is the foundation of building resilience and that climate risk indices must not only be made available but accessible as well to financial systems and economies. Launched in COP26, GRII is a global public-private partnership to address the climate data emergency with consistent, accessible, and reliable risk information for use by governments, the financial sector, and wider communities. It draws upon significant cross-sector risk modelling experience, including public-private partnerships between governments, academia, insurance, and engineering. The GRII founding partners include: Centre for Greening Finance and Investment (CGFI) Coalition for Disaster Resilient Infrastructure (CDRI) Coalition for Climate Resilient Investment (CCRI) Global Earthquake Model (GEM) Foundation Insurance Development Forum (IDF) United Nations Office for Disaster Risk Reduction (UNDRR) For more information please visit: www.globalresilienceindex.org . No images found. GALLERY 1/0 VIDEO RELATED CONTENTS

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