This is a compilation and synthesis of current knowledge of the assessment of the costs (i.e. damages) of natural hazards. The report considers natural hazards ranging from droughts, floodsand coastal hazards to Alpine hazards, as well as different impacted sectors and cost types. The report attempts to compile the state-of-the-art methods for cost assessment; 2) to analyse and assess these methods in terms of technical aspects, as well as terminology, data quality and availability, and research gaps; and 3) to synthesise resulting knowledge into recommendation as well as to identify further research needs.
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