What is the Index for Risk Management?
The Index for Risk Management (INFORM) is a tool to understand and measure risk of humanitarian crises and disasters and how these conditions affect sustainable development.
The adaptation of the global INFORM model for Latin America and the Caribbean (LAC-INFORM) incorporates the context of the countries in the region and provides a better comparison of among them.
How does INFORM measure risk?
The LAC-INFORM model has a multi-layer structure (see image below). A risk score is calculated by combining 82 indicators that measure three dimensions: hazard and exposure, vulnerability and lack of coping capacity.
Each dimension is defined by two categories of analysis, such as exposure to natural hazards, vulnerable groups, or lack of infraestructure capacity.
The categories are made up of components, which are carefully chosen sets of indicators that capture specific topics.
The indicators are individual datasets. These are given a weighting and added together to calculate the risk index and its components for each country. The LAC-INFORM index is a score between 0.0 and 10.0. The low values of the index represent a better condition (e.g. lower risk), and the high values of the index represent a worse condition (e.g. higher risk).