A report for the RNLI
Worldwide, 372,000 people drown each year. Drowning is among the 10 leading causes of death for children and young people in every region of the world. Frontier’s report estimates that the global cost of drowning is at least $146bn each year. This cost is estimated using the Value of Statistical Life, which is a hypothetical monetary cost to society, regularly used by policy-makers to measure the benefit of safety measures such as improved roads and other transport infrastructure.