Evaluating Investments in Community Resilience: New Guide Explains How

submitted by Albert Gomez

nist.gov - January 4, 2016

Communities weighing choices for capital improvement projects intended to improve their resilience to severe weather, wildfires, earthquakes, or other types of hazards now have a new guide to help them sort through the costs and benefits of each when deciding which investment is best for their particular circumstances.

Prepared by National Institute of Standards and Technology (NIST) economists, the Community Resilience Economic Decision Guide for Buildings and Infrastructure Systems details steps for evaluating the “economic ramifications” of contemplated resilience investments as well as the option of maintaining the status quo.

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