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Webinar: Natural Hazard Mitigation Saves 2017 Interim Report
Thursday, 22 February 2018, 11:00
Thursday February 22, 2018. 11:00 AM. Webinar: Natural Hazard Mitigation Saves 2017 Interim Report. Philip Schneider, National Institute of Building Sciences. Sponsored by NOAA. More information here.
Abstract: More than a decade after releasing its original report on mitigation, the National Institute of Building Sciences issued Natural Hazard Mitigation Saves: 2017 Interim Report. The 2017 Interim Report highlights the benefits of two mitigation strategies.The Institute's project team looked at the results of 23 years of federally funded mitigation grants provided by the Federal Emergency Management Agency (FEMA), U.S. Economic Development Administration (EDA) and U.S. Department of Housing and Urban Development (HUD) and found mitigation funding can save the nation $6 in future disaster costs, for every $1 spent on hazard mitigation.In addition, the project team looked at scenarios that focus on designing new buildings to exceed provisions of the 2015 model building codes. The 2017 Interim Report demonstrates that investing in hazard mitigation measures to exceed select requirements of the 2015 International Codes (I-Codes), the model building codes developed by the International Code Council (ICC), can save the nation $4 for every $1 spent.The project team estimated that just implementing these two sets of mitigation strategies would prevent 600 deaths, 1 million nonfatal injuries and 4,000 cases of post-traumatic stress disorder (PTSD) in the long term. In addition, designing new buildings to exceed the 2015 International Building Code (IBC) and International Residential Code (IRC) would result in 87,000 new, long-term jobs and an approximate 1% increase in utilization of domestically produced construction material.Sponsors of the report include FEMA, HUD, EDA, ICC, the Insurance Institute for Business & Home
Safety (IBHS), the National Fire Protection Association (NFPA) and the American Institute of Architects (AIA).
About the Speaker: Philip Schneider is the Director of the Building Seismic Safety Council, Director of the Multihazard Mitigation Council and Director of the buildingSMART alliance®.