This paper develops a stochastic model to assess storm risk in Austria, which relates wind speed and actual losses. By virtue of a building-stock-value-weighted wind index, we use suitably normalised historical loss data of residential buildings over 12 years and corresponding wind speed data to...

Even if all greenhouse gas emissions stopped at once, temperatures are predicted to continue rising due to the inertia of the climate system. As skiing tourism in the Austrian Alps is highly climate sensitive, higher temperature and changed precipitation patterns require increased artificial...