Spatial Risk Management

Spatial Risk Management involves analyzing the geographic location of assets, populations, or activities to identify and mitigate potential hazards tied to specific areas. By understanding how risks vary across different locations—such as flood zones, earthquake-prone zones, or crime hotspots—organizations can make informed decisions. This approach helps in planning safer sites, optimizing resource allocation, and reducing exposure to dangerous events. Essentially, it combines geographic information systems (GIS) and risk assessment to proactively manage and reduce spatially related risks, promoting safety and resilience in communities and businesses.