The World Bank’s Global Facility for Disaster Risk Reduction (GFDRR) puts Lebanon at a medium-risk level, estimating that there is a 10 percent chance for a potentially-damaging earthquake and tsunami to occur within the next 50 years. The government established a Disaster Risk Management Unit in 2009, followed by the National Coordination Committee on Disaster Risk Reduction in 2013, the latter of which has been setting up a network of emergency control rooms, conducting drills and simulations, and raising awareness. In addition to saving lives, the World Bank estimates that every dollar invested in disaster prevention saves $4 in disaster damage. The Sendai Framework for Disaster Risk Reduction outlines principles and global best practices that aim to improve global resilience to natural or man-made hazards. In some developed countries, insurance firms offer private disaster insurance cover.