The 3Vs Final Report: Uncovering the hidden value is now available and provides a fresh perspective on the value created by volunteers (the people), volunteering (the activities) and volunteerism (the culture), referred to as the 3Vs.
The report estimates the economic value of Victoria’s emergency management volunteers at between $1.9 and $2.5 billion annually. It also analyses how non-economic impacts of the 3Vs, such as social, cultural and environmental, can be identified and measured.
“Volunteers are integral to emergency management in Victoria, and more importantly to our community,” Emergency Management Commissioner Andrew Crisp said.
“That’s why it is important for our sector to have a shared understanding of that value and respect for their contribution. This report highlights the value of volunteers, volunteering and volunteerism.”
The 3Vs project was an initiative of EMV’s Volunteer Consultative Forum, working with Lateral Economics.
For more information, read the report.
The Volunteer Consultative Forum comprises volunteers and staff from 12 organisations involved in emergency management. Learn more about the Forum.