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Definition: Risk
Category: Environment
Expected losses (of lives, persons injured, property damaged and economic activity disrupted) due to a particular hazard for a given area and reference period. Based on mathematical calculations, risk is the product of hazard and vulnerability. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-09-012-EN.pdf
Source:
Eurostat, The Environmental Goods and Services Sector (2009 Edition), Office for Official Publications of the European Communities, Luxembourg, 2009
Eurostat, The Environmental Goods and Services Sector (2009 Edition), Office for Official Publications of the European Communities, Luxembourg, 2009
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