Cost Benefit Analysis in DRR

Cost Benefit Analysis in Disaster Risk Reduction (CBA-DRR)

The Disaster Risk Reduction Program of Florida International University, funded by the USAID, conducted the graduate level, online, non-credit course, Cost Benefit Analysis in Disaster Risk Reduction (CBA-DRR) in Fall 2013. The duration of the online course was 15 weeks (Sep 9, 2013 – December 15, 2013). Twenty one students who completed the online course were from different regions of the world – 17 from the Caribbean, and 1 student each from Central America, Africa, the South Pacific, and South America. The students represented the following 12 countries: 4 students from Anguilla and Barbados each, 2 from Antigua & Barbuda and Trinidad &Tobago each, and 1 each from Benin, Curaçao, Guatemala, Guyana, Jamaica, Peru, Dominica, Dominican Republic, and Samoa. Eleven of the candidates were female and ten were male.

Selected students of the online course were invited to participate in the week-long Hands-on Workshop held in February 2014 at the Modesto Maidique campus of Florida International University in Miami, Florida. The hands-on workshop focused on intensive exercise-based case studies on the application of cost benefit and cost-effectiveness methodologies. The training was designed to assist students in the application of economic analyses in addressing real life problems in the area of DRR. The workshop also included presentation of student projects.