Disaster Resilience Saves Six Times as Much as It Costs

In financial terms, 2017 was the worst year for natural disasters in American history, costing the country $306 billion. Scientists agree that hurricanes, floods, and fires are now turbo-charged by climate change, which the president and many top Republican leaders still refuse to acknowledge. But even while the federal government fails to address the root of the problem, there are ways to limit the damage from these increasingly frequent events—in property, and more importantly, in human life.

A new report from the National Institute of Building Sciences finds that for every dollar spent on federal grants aimed at improving disaster resilience, society saves six dollars. This return is higher than previously thought: A 2005 study by NIBS found that each dollar from these grants yielded four dollars in savings.