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29 Feb 2016 description

Executive summary

Does disaster risk reduction actually pay off? If so, what are the benefits and underlying mechanisms? This costbenefit analysis (CBA) finds that the USD 2.4 million of external support to the disaster risk management programme of Georgia Red Cross Society (GRCS), launched in 2010, has paid off extremely well: In the three surveyed areas, identified benefit-cost ratios range between 12.51 and 54.54.