Estimating benefits of mitigation options | Economics of natural hazards (7/10)

This video series has been created for anyone in the emergency management sector who is interested in learning how to apply economic analyses to the management of natural hazards.

In the seventh video of the series, Dr Veronique Florec explains how to calculate the benefits of mitigation options. By the end of this video, you will understand why it is important to be clear about the counterfactual, what the benefits correspond to, and through an example, you will learn to estimate the potential benefits of mitigation options.

Watch video 8, Comparing costs and benefits of mitigation options, timeframes and discounting, here.