How Preparedness Pays Off: Evolution, costs, benefits and prospects of disaster risk management in Georgia

This report summarizes a cost benefit analysis study in Georgia in November-December 2015. Inside you will find highlights the cost effectiveness of the Georgia Red Cross Society’s work on disaster risk reduction and building community resilience. The GRCS program was launched in 2010 and has paid off extremely well, the three surveyed areas the identified benefit-cost ratios range between USD 12.51 and USD 54.54. The study identifies avoided hazard losses as the main benefit and analyses the various channels that lead to loss avoidance. It also notes significant organisational and governance co-benefits. The Georgia CBA results further strengthen the Red Cross/Red Crescent evidence from other CBA reports showing DRR programs are cost effective. The average benefit cost ratio of the 11 CBAs conducted by the IFRC so far is USD 16.55. Excellent read. Bravo, Georgia Red Cross Society!

Are you sure you want to delete this "resource"?
This item will be deleted immediately. You cannot undo this action.
File Name File Size Download
cba_georgia_report_final_lr.pdf 5 MB

Related Resources

Awareness material, Case Study
07 Apr 2015
The European Commission (DG ECHO – Humanitarian aid and civil protection) publication showcases examples of successful resilience projects, i.e. 27 examples of existing best practices from around the world.  The key aim of this publication is ...
Tags: Awareness material, Case Study, Livelihoods, Resilience
Case Study
08 May 2014
South Wollo, in northern Ethiopia, is one of the zones hit by food insecurity. The population depends on agriculture and livestock for its livelihood. But recurrent drought has forced them to sell many assets and plunged them into destitution. As mou...
Tags: Case Study, Drought, Food Security, Livelihoods
Case Study
31 Mar 2016
This report presents nine case studies that illustrate the principles of Christian Aid’s Resilience Framework, and put the risks and opportunities it addresses into context. The first three case studies demonstrate the principles of the Resilience ...
Tags: Case Study, Climate Change Adaptation, Resilience