Cost-benefit analysis of livestock protection in disaster risk management

This paper reports on original research undertaken by the World Animal Protection (WSPA) to analyse costs and benefits of livestock protection in disaster risk management (DRM). The research provides a solution-based example of how disaster risk reduction can be developed and strengthened through robust risk assessments, and through researched methods for cost-benefit analysis, as highlighted by the Hyogo Framework for Action (HFA).

The research conducted provides a good-practice approach to addressing livelihood protection and food security gaps within vulnerable communities. The data gathered can be modelled to conduct national and local risk assessments, thereby empowering key decision and policy makers within the international DRM community. The approach supports the case
for disaster resource allocation while ultimately strengthening disaster resilience and reducing disaster loss.

This document is an input paper of the 2015 Global Report Assessment on Disaster Risk Reduction.