Year: 2017
Type: report
Abstract: This report enumerates all possible costs of wildfire management and wildfire-related losses.It, further, compiles estimates or proposes methods for estimating the costs and losses identified.These estimates can be used for C+NVC (cost plus net value change) modeling, and can also be used to produce an estimate of the 'economic burden' of wildfire for the United States.The economic burden represents the impact wildfire has on the U.S. economy.Tracking the economic burden of wildfire could be used to assess return-on-investment into wildfire interventions.The economic burden is decomposed into: 1. intervention costs; 2. prevention/preparedness, mitigation, suppression, and crosscutting; 2. and into direct and indirect wildfire related (net) losses.The annualized economic burden from wildfire is estimated to be between $71.1 billion to $347.8 billion ($2016 US).Annualized costs are estimated to range from $7.6 billion to $62.8 billion.Annualized losses are estimated to range from $63.5 billion to $285.0 billion.
DOI: 10.6028/nist.sp.1215
Authors: Douglas Thomas, David Butry, Stanley Gilbert, David Webb, Juan Fung
Language: English
Topic: Fire effects on ecosystems
Subfield: Global and Planetary Change
Field: Environmental Science
Domain: Physical Sciences
SDGs: Life on land, Climate action
Open Access status: gold
Funder: Engineering Laboratory
OpenAlex ID: W2791997448