National Oceanic and
Atmospheric Administration
United States Department of Commerce


 

FY 2021

Tsunami hazard and the new Blue Economy

Titov, V.V.

Chapter 16 in Preparing a Workforce for the New Blue Economy, R. Spinrad and L. Hotaling (eds.), Elsevier, 293–304, doi: 10.1016/B978-0-12-821431-2.00007-X, View online at Elsevier (external link) (2021)


Tsunami hazard is a unique challenge. The opportunities of the new blue economy with wide partnerships between private industry and governments may be the needed catalyst to finally resolve the century-old tsunami warning problem of protecting lives and property against this deceptive and deadly hazard. Tsunamis are one of the most destructive and deadly natural hazards with potential economic liabilities in billions of dollars and countless lives at risk. Nevertheless, long-term tsunami risk from these rare events may not be fully recognized due to their rare occurrence. The knowledge-based new blue economy will not only better quantify the tsunami risks but will also provide new economic incentives, tools, and partnerships for developing tailored tsunami warning products.



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