Objective
Seismic risk management in fast-growing populated seismic areas is a challenge for governments and communities in case of catastrophic events. Seismic resilience options are considered to mitigate risk, by either reducing the risk through vibration-control designs of risky assets, or by transferring the risk into the capital markets, through disaster financing options or (re)insurers. Both strategies require a good understanding of the seismic risk, which can be achieved only through thorough ground-motion uncertainty quantification and propagation to structural response, and accurate estimates of damage, cost and downtime estimates of the affected assets.
The current proposal presents a compete framework to analyze the effects of resiliency measures on the overall risk of communities by (1) developing novel probabilistic model to characterize local seismic hazard by using site-specific records, (2) characterizing the exposed assets accurately at high resolution, (3) developing novel and efficient seismic vulnerability models consistent with the seismic hazard and (4) calculating probability distributions of seismic-performance metrics rather than just mean values for a better characterization of the risk. This methodology will be applied to study the risk reduction and transfer effects on communities. Seismic risk-reduction will be achieved through implementation of seismic control devices to structures and risk-transfer is achieved through financing mechanisms, such as catastrophe bonds and other parametric models, used to carry over risk to risk-takers.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences earth and related environmental sciences geology seismology
- social sciences sociology governance crisis management seismic risk management
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.1.3. - EXCELLENT SCIENCE - Marie Skłodowska-Curie Actions
MAIN PROGRAMME
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H2020-EU.1.3.2. - Nurturing excellence by means of cross-border and cross-sector mobility
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
MSCA-IF-EF-ST - Standard EF
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-MSCA-IF-2015
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
BS8 1QU BRISTOL
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.