Incentives for mitigation investment and more effective risk management : the need for public-private partnerships.

Material type: Text

TextPublication details: [Philadelphia : University of Pennsylvania], 1999Description: vDDC classification:

658.155 21

Subject: This paper focuses on the type of incentives necessary to encourage the adoption of mitigation measures to reduce disaster losses. The word mitigation will be treated synonymously with loss prevention. Most risk mitigation measures (RMMs) have the following characteristics. There is an upfront investment cost (C) incurred either by a property owner or by the government. The expected benefits (B) from the loss prevention measure are the reduction in losses weighted by the chance that a disaster will occur during some pre-specified length of time (T). The value of T is often the expected life of the property

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Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	Australian Emergency Management Library	BOOK	658.155 INC (Browse shelf(Opens below))	Available		011797662

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Previous	658.155 BUS Business continuity management.	658.155 DIS Disaster risk management and the role of the corporate sector : the Indian perspective /	658.155 GUI Guidelines for managing risk in the Australian Public Service : exposure draft.	658.155 INC Incentives for mitigation investment and more effective risk management : the need for public-private partnerships.	658.155 KUN Risk analysis for extreme events incentives for reducing future losses.	658.155 MAR Managing risk in extreme environments : front-line business lessons for corporates and financial institutions /	658.155 PAR Parameters of international best practice for the design of 'public safety' and 'community-level' risk management programs by fire and rescue services in urban settings /	Next

Cover title

July 5-9, 1999

Paper presented at the International Decade for Natural Disaster Reduction, Geneva, Switzerland, July 5-9 1999

Spiral bound

This paper focuses on the type of incentives necessary to encourage the adoption of mitigation measures to reduce disaster losses. The word mitigation will be treated synonymously with loss prevention. Most risk mitigation measures (RMMs) have the following characteristics. There is an upfront investment cost (C) incurred either by a property owner or by the government. The expected benefits (B) from the loss prevention measure are the reduction in losses weighted by the chance that a disaster will occur during some pre-specified length of time (T). The value of T is often the expected life of the property

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