What is Risk?

Risk is the probability that a hazard will turn into a disaster. Vulnerability and hazards are not dangerous, taken separately. But if they come together, they become a risk or, in other words, the probability that a disaster will happen.

Nevertheless, risks can be reduced or managed. If we are careful about how we treat the environment, and if we are aware of our weaknesses and vulnerabilities to existing hazards, then we can take measures to make sure that hazards do not turn into disasters.

Risk management doesn't just help us prevent disasters. It also helps us to put into practice what is known as sustainable development. Development is sustainable when people can make a good living and be healthy and happy without damaging the environment or other people in the long term. For instance, you can make a living for a while by chopping down trees and selling the wood, but if you don't
plant more trees than you cut down, soon there will be no trees and will no longer have the means to make a living. So, it isn't
sustainable.