The National Institute of Building Sciences has released: “Mitigation Saves 2019 Report.”
The document addresses strengthening buildings for flood, wind, wildfires, and earthquakes. It examines building code requirements, federal grants, and retrofit strategies. Its goal is to help communities, building owners, and representatives in the private finance, insurance, and real estate industries initiate a greater mitigation dialogue.
Though the country is focused on battling the COVID-19 pandemic, it will continue to experience natural disasters. The NIBS Multi-Hazard Mitigation Council calls for a COVID-19 stimulus package to help recover the nation’s economy and prepare cities and communities for long-term disaster resilience and stability, according to a NIBS news release.
Modern codes improve building resilience to natural disasters and save $11 for every $1 invested, NIBS says.