Fema gets six-fold return on mitigation spend: NIBS
For every $1 spent by US agencies on mitigating natural hazard
risks such as flood, wind, earthquake or wildfire, there is a $6
benefit in terms of saving lives and property, and when it comes to
each dollar used to exceed 2015 model building codes, the return is
$4, a National Institute of Building Sciences (NIBS) study
shows.
"The report confirms for the insurance industry the fact
that mitigation is an extremely cost effective strategy to reduce
the impact of...
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