The vulnerability assessment identified the vulnerability of the selected assets based on the information available. The next step in the process was to undertake a risk assessment of the most vulnerable assets to identify the level of risk from SLR facing the selected assets.
There are 4 types of Vulnerability and 3 types of Risks as follows:
According to the different types of losses, the vulnerability can be defined as physical vulnerability, economic vulnerability, social vulnerability and environmental vulnerability.
Widely, risks can be classified into three types: Business Risk, Non-Business Risk, and Financial Risk