The partnership between Bauhaus University Weimar (BUW) and Tishk International University Erbil (TIU) will focus on analyzing the effects of natural hazards and their severity and identify areas with the highest risk with respect to each hazard using different scales of assessment. The project will also contribute to the development of a robust solution to reform design concepts/construction practices, introduce/apply efficient mitigation measures, and ultimately improve the social and economic condition of Iraq. The project on one hand will focus on survey and elaboration of building stock data through techniques of building stock tagging which helps to identify the typical building types and their vulnerability, and on the other hand, study the characteristics of damaged buildings in the city of Mosul and to define economic reconstruction measures. Moreover, the partnership aims at developing a framework for good engineering practices with respect to natural hazards, and to train current academic staff and Ph.D. students at higher education’s institutes of the partner university and future engineers with the state-of-the-art methods in assessment of earthquake, flood, wind, and climate change risks in structural engineering.