Disaster Prevention: A 400% Return-on-Investment
by Anthony Sibley (AJ) on Jul 5, 2013 | Views: 147 | Score: 2
Value of Resources Employed | Discounted Present Value Yielded | |
---|---|---|
Surveyed Hazard Mitigation Programs | 3.5 | 14 |
In billions of US dollars
Sources:
floods.org
An analysis of FEMA natural hazard mitigation grants indicates that for every dollar spent on mitigation, society saves an average of $4 in avoided post-disaster relief costs. These benefits are multiplied when FEMA monies are utilized to institutionalize mitigation in communities, engendering additional non-federally funded mitigation activities.