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Hazard versus risk

Short answer

Hazard is a potential damaging event; risk is expected loss = hazard × vulnerability × exposure. Hazard cannot be stopped, but risk can be reduced by lowering vulnerability and exposure. An earthquake in an uninhabited desert is a high hazard but low risk.

Differentiate between hazard and risk.

A hazard is a natural or man-made event, process or condition with the potential to cause loss of life, property or environmental damage. Risk is the expected loss (probability of harm) from a hazard to the elements exposed, taking account of their vulnerability.

Risk=Hazard×Vulnerability×Exposure\text{Risk} = \text{Hazard} \times \text{Vulnerability} \times \text{Exposure}
PointHazardRisk
MeaningSource of possible harmProbability and amount of expected loss
NaturePhysical event (landslide, flood)Combined effect of event and what is exposed
Depends onMagnitude, frequency, locationHazard, vulnerability, exposure, capacity
Can be reducedSeldom (cannot stop earthquake)Yes, by lowering vulnerability and exposure
Uninhabited areaHazard may existRisk is nil or low
ExampleA landslide-prone slopeExpected damage to a village below the slope
MeasureProbability, intensityExpected loss (lives, money)

Example: an earthquake in a desert is a hazard but has little risk; the same earthquake in Kathmandu is a high risk.

✓ Answer checked by Claude Opus 5.5 (high effort)

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