Strengthening weather and climate services: A cost-benefit analysis forecast
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This case study describes work commissioned by the Met Office to conduct a Cost Benefit Analysis (CBA) forecast, which focused on the impacts related to droughts and landslides in Rwanda. The analysis was done in support of Meteo Rwanda's FONERWA project, to enable Meteo Rwanda and its stakeholders to understand the socioeconomic value of improved weather and climate services. The CBA found that for every 1 Rwandan Franc (RWF) invested by the project in improving Meteo Rwanda services, the value created would be at least 4.1 RWF. The socioeconomic benefits would include, for example, safer evacuations and the prevention of loss of life in areas susceptible to landslides, as well as the avoidance of crop losses for farmers.