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Mitigation Of Global Warming
Mitigation is the reduction of something harmful that has occurred or the reduction of its harmful effects. It may refer to measures taken to reduce the harmful effects of hazards that remain ''in potentia'', or to manage harmful incidents that have already occurred. It is a stage or component of emergency management and of risk management. The theory of mitigation is a frequently used element in criminal law and is often used by a judge to try cases such as murder, where a perpetrator is subject to varying degrees of responsibility as a result of one's actions. Disaster mitigation An all-hazards approach to disaster management considers all known hazards and their natural and anthropogenic potential risks and impacts, with the intention of ensuring that measures taken to mitigate one type of risk do not increase vulnerability to other types of risks. Proactive disaster mitigation (also hazard mitigation) measures are generally more effective than reactive measures in eliminating ...
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Hazard
A hazard is a potential source of harm. Substances, events, or circumstances can constitute hazards when their nature would potentially allow them to cause damage to health, life, property, or any other interest of value. The probability of that harm being realized in a specific ''incident'', combined with the magnitude of potential harm, make up its risk. This term is often used synonymously in colloquial speech. Hazards can be classified in several ways which are not mutually exclusive. They can be classified by ''causing actor'' (for example, natural or anthropogenic), by ''physical nature'' (e.g. biological or chemical) or by ''type of damage'' (e.g., health hazard or environmental hazard). Examples of natural disasters with highly harmful impacts on a society are floods, droughts, earthquakes, tropical cyclones, lightning strikes, volcanic activity and wildfires. Technological and anthropogenic hazards include, for example, structural collapses, transport accidents, acc ...
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IT Risk Management
IT risk management is the application of risk management methods to information technology in order to manage IT risk. Various methodologies exist to manage IT risks, each involving specific processes and steps. An IT risk management system (ITRMS) is a component of a broader enterprise risk management (ERM) system. ITRMS are also integrated into broader information security management systems (ISMS). The continuous update and maintenance of an ISMS is in turn part of an organisation's systematic approach for identifying, assessing, and managing information security risks. Definitions The Certified Information Systems Auditor Review Manual 2006 by ISACA provides this definition of risk management: "''Risk management is the process of identifying vulnerabilities and threats to the information resources used by an organization in achieving business objectives, and deciding what countermeasures, if any, to take in reducing risk to an acceptable level, based on the value of ...
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Disaster Risk Reduction
Disaster risk reduction aims to make disasters less likely to happen. The approach, also called DRR or disaster risk management, also aims to make disasters less damaging when they do occur. DRR aims to make communities stronger and better prepared to handle disasters. In technical terms, it aims to make them more resilient or less vulnerable. When DRR is successful, it makes communities less the vulnerable because it mitigates the effects of disasters. This means DRR can make risky events fewer and less severe. Climate change can increase climate hazards. So development efforts often consider DRR and climate change adaptation together. It is possible to include DRR in almost all areas of development and Humanitarian aid">humanitarian work. People from local communities, agencies or federal governments can all propose DRR strategies. DRR policies aim to "define goals and objectives across different timescales and with concrete targets, indicators and time frames." There are so ...
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Risk Evaluation And Mitigation Strategies
Risk Evaluation and Mitigation Strategies (REMS) is a program of the US Food and Drug Administration for the monitoring of medications with a high potential for serious adverse effects. REMS applies only to specific prescription drugs, but can apply to brand-name or generic drugs. The REMS program was formalized in 2007. The FDA determines as part of the drug approval process that a REMS is necessary, and the drug company develops and maintains the individual program. REMS applies only to specific prescription drugs, but can apply to brand-name or generic drugs. REMS for generic drugs may be created in collaboration with the manufacturer of the brand-name drug. The FDA may remove the REMS requirement if it is found to not improve patient safety. The REMS program developed out of previous systems dating back to the 1980s for monitoring the use of a small number of high-risk drugs such as isotretinoin, which causes serious birth defects; clozapine, which can cause agranulocytosis; ...
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Harm Reduction
Harm reduction, or harm minimization, refers to a range of intentional practices and public health policies designed to lessen the negative social and/or physical consequences associated with various human behaviors, both legal and illegal. Harm reduction is used to decrease negative consequences of recreational drug use and sexual activity without requiring abstinence, recognizing that those unable or unwilling to stop can still make positive change to protect themselves and others. Harm reduction is most commonly applied to approaches that reduce adverse consequences from drug use, and harm reduction programs now operate across a range of services and in different regions of the world. As of 2020, some 86 countries had one or more programs using a harm reduction approach to substance use, primarily aimed at reducing blood-borne infections resulting from use of contaminated injecting equipment. Needle-exchange programmes reduce the likelihood of people who use heroin and ot ...
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Political Risk
Political risk is a type of risk faced by investors, corporations, and governments that political decisions, events, or conditions will significantly affect the profitability of a business actor or the expected value of a given economic action. Political risk can be understood and managed with reasoned foresight and investment. The term political risk has had many different meanings over time. Broadly speaking, however, political risk refers to the complications businesses and governments may face as a result of what are commonly referred to as political decisions—or "any political change that alters the expected outcome and value of a given economic action by changing the probability of achieving business objectives". Political risk faced by firms can be defined as "the risk of a strategic, financial, or personnel loss for a firm because of such nonmarket factors as macroeconomic and social policies (fiscal, monetary, trade, investment, industrial, income, labour, and developme ...
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Occupational Safety And Health
Occupational safety and health (OSH) or occupational health and safety (OHS) is a multidisciplinary field concerned with the safety, health, and welfare of people at work (i.e., while performing duties required by one's occupation). OSH is related to the fields of occupational medicine and occupational hygiene and aligns with workplace health promotion initiatives. OSH also protects all the general public who may be affected by the occupational environment. According to the official estimates of the United Nations, the '' WHO/ ILO'' ''Joint Estimate of the Work-related Burden of Disease and Injury'', almost 2 million people die each year due to exposure to occupational risk factors. Globally, more than 2.78 million people die annually as a result of workplace-related accidents or diseases, corresponding to one death every fifteen seconds. There are an additional 374 million non-fatal work-related injuries annually. It is estimated that the economic burden of o ...
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Mitigation (law)
Mitigation in law is the principle that a party who has suffered loss (from a tort or breach of contract) has to take reasonable action to minimize the amount of the loss suffered. As stated by the Canadian Federal Court of Appeal in ''Redpath Industries Ltd. v. Cisco (The)'', "It is well established that a party who suffers damages as a result of a breach of contract has a duty to mitigate those damages, that is to say that the wrongdoer cannot be called upon to pay for avoidable losses which would result in an increase in the quantum of damages payable to the injured party." The onus on showing a failure to mitigate damages is on the defendant. In the UK, George Leggatt, Lord Leggatt, Lord Leggatt describes the "function of the doctrine of mitigation" as enabling the law Iain Drummond notes that in English law there is no ''duty'' to mitigate loss. Rather, the principle is that "damages will be limited by an assumption that [a plaintiff] has taken reasonable steps in mitigation of ...
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Disaster Mitigation Act Of 2000
The Disaster Mitigation Act of 2000, Public Law 106-390, also called DMA2K, is U.S. federal legislation passed in 2000 that amended provisions of the United States Code related to disaster relief. The amended provisions are named after Robert Stafford, who led the passage of the Stafford Disaster Relief and Emergency Assistance Act of 1988. The 2000 act amends Chapter 68 of Title 42 of the United States Code. Its provisions are titled DISASTER RELIEF - THE PUBLIC HEALTH AND WELFARE. The chapter sets forth declarations and definitions relating to disaster relief Emergency management (also Disaster management) is a science and a system charged with creating the framework within which communities reduce vulnerability to hazards and cope with disasters. Emergency management, despite its name, does not actu ... and is used as a central document for the activities of the Federal Emergency Management Agency of the United States, Federal Emergency Management Agency. Congressional ...
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Vulnerability Management
Vulnerability management is the "cyclical practice of identifying, classifying, prioritizing, remediating, and mitigating" software vulnerabilities. Vulnerability management is integral to computer security and network security, and must not be confused with vulnerability assessment. Vulnerabilities can be discovered with a vulnerability scanner, which analyzes a computer system in search of known vulnerabilities,Anna-Maija Juuso and Ari Takanen ''Unknown Vulnerability Management'', Codenomicon whitepaper, October 201 such as open ports, insecure software configurations, and susceptibility to malware infections. They may also be identified by consulting public sources, such as NVD, vendor specific security updates or subscribing to a commercial vulnerability alerting service. Unknown vulnerabilities, such as a zero-day, may be found with fuzz testing. Fuzzing is a cornerstone technique where random or semi-random input data is fed to programs to detect unexpected behavior. T ...
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Emergency Management
Emergency management (also Disaster management) is a science and a system charged with creating the framework within which communities reduce vulnerability to hazards and cope with disasters. Emergency management, despite its name, does not actually focus on the management of emergencies; emergencies can be understood as minor events with limited impacts and are managed through the day-to-day functions of a community. Instead, emergency management focuses on the management of disasters, which are events that produce more impacts than a community can handle on its own. The management of disasters tends to require some combination of activity from individuals and households, organizations, local, and/or higher levels of government. Although many different terminologies exist globally, the activities of emergency management can be generally categorized into preparedness, response, mitigation, and recovery, although other terms such as disaster risk reduction and prevention are also ...
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Financial Risk Management
Financial risk management is the practice of protecting Value (economics), economic value in a business, firm by managing exposure to financial risk - principally credit risk and market risk, with more specific variants as listed aside - as well as some aspects of operational risk. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring these, and crafting plans to mitigation, mitigate them. See for an overview. Financial risk management as a "science" can be said to have been bornW. Kenton (2021)"Harry Markowitz" investopedia.com with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see . The discipline can be qualitative and quantitative; as a specialization of risk management, however, financial risk management focuses more on when and how to Hedge (finance), hedge, often using financial instruments to manage costly exposures to risk. * ...
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