Quantifying the benefits of flood risk management actions and advice

Quantifying the benefits of flood risk management actions and advice: report

The Environment Agency aims to deliver Flood and Coastal Risk Management (FCRM) as efficiently as possible. Large capital flood defence schemes are not always financially viable, appropriate or a sustainable solution to manage flood risk in all areas. This project has developed methods to help assess the effectiveness of a wider portfolio of options that can be employed to manage flood risk. It will help achieve risk-based prioritisation of investments across a range of flood risk management options. In particular, the objectives are to enable practitioners to:

  • make, justify and communicate flood risk management option selection, supporting investment decisions across a portfolio of flood risk management responses at a range of spatial scales
  • identify and strengthen the links and dependencies between the actions and provision of advice by the Environment Agency and the putting in place of responses that reduce flood risk by other authorities, businesses and the public
  • ensure that people are protected in the future by considering a broader range of flood risk management options, thus allowing flood risk management practitioners to explore portfolios of responses that are more adaptable to future climate conditions


Budget announcement: More than 31,000 homes and businesses will be better protected from the risk of flooding sooner

The government is bringing forward more than £140 million of the £2.3 billion six-year flood defence programme announced in December to better protect more than 31,000 homes and businesses from flooding sooner than planned.  47 brand new schemes have been given the green light as part of the long-term investment programme and work will start on another 165 flood defence projects earlier than previously announced.   The 6 year programme represents a real terms increase in expenditure and will reduce flood risk across the country by 5%.   Environment Secretary Elizabeth Truss said:  ‘We’ve already protected 230,000 homes from the risk of flooding and coastal erosion so far this Parliament.  We’re now bringing forward more money to protect thousands more homes and businesses sooner than originally planned, as part of our long-term economic plan.’


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