We study the prevalence of forest fires in Spain in the long run by computing the probability that a forest tree, as opposed to shrub or bush, will be lost to fire over one year. We first show that climate change increases the likelihood of this event. Next, we document how risk grew...

The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over the period 1970-2018, we show that individual risk is...