In response to recent natural disasters, the Federal Emergency Management Agency has published a national mitigation investment strategy, which is intended to provide “a national, whole-community approach to investments in mitigation activities and risk management across federal, state, tribal, territorial, and local government and the private and nonprofit sectors.”
The strategy involves investments in mitigation resources and activities to reduce the potential consequences of natural disasters like floods, wildfires and hurricanes. These include: building and updating structures to the latest codes and standards; collecting and sharing data that identifies risk posed by natural hazards; and aligning funding requirements and incentives for mitigation investment.