Video On Demand

Economics of Disaster Prevention: Measuring the Costs and Benefits of Disaster Risk Reduction

May 23, 2011 • 9:30 – 11:00 pm EDT

Available Downloads

The CSIS Program on Crisis, Conflict, and Cooperation (C3) and LSU’s Stephenson Disaster Management Institute (SDMI) invite you to the next session of the CSIS-LSU Series on Disaster Management and Emergency Response

on

Economics of Disaster Prevention: Measuring the Costs and Benefits of Disaster Risk Reduction

featuring

Olivier Mahul
Program Coordinator, Financing Program and Insurance for the Poor Program
World Bank

Charles Setchell
Shelter, Settlements, and Hazard Mitigation Advisor
USAID Office of Foreign Disaster Assistance (OFDA)

Shabbar Saifee
Acting Deputy Director for Risk Reduction
Federal Emergency Management Agency (FEMA)

Rod Snider
Senior Adviser Disaster Preparedness, International Service
American Red Cross

Moderated by

Stacey White
Senior Research Consultant
CSIS Program on Crisis, Conflict, and Cooperation

Opening remarks and an update on the disaster situation on-the-ground caused by the flooding in the Mississippi River Valley

by

Tom Anderson
LSU Stephenson Disaster Management Institute (SDMI)

RSVP is required. Please RSVP (acceptances only) to ftahir@csis.org

Addressing recurrent vulnerability to natural hazards through disaster risk reduction (DRR) has become a central tenet of modern statehood and a critical component of humanitarian and development practice. A major obstacle in attracting the interest and commitment of policymakers to the DRR agenda is a dearth of evidence on the economic benefits of disaster prevention and a lack of understanding about how to measure the costs and benefits of preventative action. In short, when one says $1 spent on prevention saves $4 in disaster losses, what exactly does one mean and how does one arrive at those figures across highly variable contexts? This event will consider the latest thinking and action in measuring costs and benefits of DRR.

The CSIS-LSU Series on Disaster Management and Emergency Response is an academic partnership between CSIS and the LSU Stephenson Disaster Management Institute (SDMI).  The series is made possible through the generous support of SDMI and the Irene W. and C.B. Pennington Foundation of Baton Rouge.

The series provides a forum for government officials, experts, academics, and nongovernmental organizations dealing with disaster management and emergency response to discuss critical issues facing the United States’ ability to address disaster and emergency situations domestically and internationally. 

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Daniel F. Runde
Senior Vice President; William A. Schreyer Chair; Director, Project on Prosperity and Development