The International Red Cross (IRC) has released a book, titled “Priceless! Uncovering the Real Costs of Water and Sanitation,” as part of the Water, Sanitation and Hygiene Cost (WASHCost) initiative.

This report explains the concept of integrated risk management, a strategic and proactive approach to anticipating, assessing and managing natural events. By analysing the main risks and investing in prevention and mitigation, societies become less vulnerable. Financial, social and environmental damage and rehabilitation and reconstruction costs are reduced.