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    • Financing flood risk management
     
    March 26, 2024

    Financing flood risk management

    NewsWater

    Flooding is the number one natural hazard in the UK, costing billions of pounds each year. The risk and damages to the UK from flooding is only expected to increase due to Climate Change. Natural Flood Management (NFM) is a critical mechanism to help reduce the risk of flooding, while delivering environmental benefits such as carbon sequestration, biodiversity uplift, and water quality improvements – but will require increased funding to address the challenge.

    Commissioned by the Department for Environment, Food and Rural Affairs, the Green Finance Institute convened leaders from across industries countrywide to set out a practical blueprint of how to attract private sector capital to help finance NFM. The report outlines how to increase the demand for NFM from multiple potential private sector buyers to mobilise capital at the pace and scale needed to boost resilience to flooding.

    Read more here and access the full report

    Tagged: finance, Flood risk

    Ocean and Coastal Futures Ltd
    23 Hauxley Links
    Low Hauxley
    Morpeth
    Northumberland
    NE65 0JR

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    Ocean and Coastal Futures, formerly known as Communications and Management for Sustainability