Multihazard Mitigation Saves: An Independent Study To Assess the Future Savings From Mitigation Activities
The study presents a noteworthy point: For every dollar spent on mitigation through FEMA grants, society realizes an average benefit of $4. This concept of a high benefit-cost ratio emphasizes the notion that investing in hazard mitigation efforts, despite their initial costs, yields significant long-term savings by averting or mitigating the impact of hazards. I ... Read More
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