Directive (EU) 2016/798 of the European Parliament and of the CouncilShow full title

Directive (EU) 2016/798 of the European Parliament and of the Council of 11 May 2016 on railway safety (recast) (Text with EEA relevance)

5. Indicators to calculate the economic impact of accidents U.K.

Total in euro and relative (to train-kilometres):

  • number of deaths and serious injuries multiplied by the Value of Preventing a Casualty (VPC),

  • cost of damages to environment,

  • cost of material damages to rolling stock or infrastructure,

  • cost of delays as a consequence of accidents.

National safety authorities shall report the economic impact of significant accidents.

The VPC is the value society attributes to the prevention of a casualty and as such shall not form a reference for compensation between parties involved in accidents.