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The latest climate change predictions indicate that flooding and coastal erosion are likely to increase in the future. The long-term investment strategy sets out the scale of the investment needed to meet this challenge over the next 25 years. The UK Environmental Agency (UK EA) long term investment strategy sets out the best available evidence on the choices the people of England face about how much money should be invested in managing the increasing risk of flooding and coastal erosion due to climate change and asset deterioration over the next 25 years (2010-2035). UK EA modelling shows that investment in building and maintaining of flood defences will need to almost double to £1billion a year (compared to £570million now) by 2035. This figure excludes the cost of managing the risk of surface and ground water flooding and other activities such as flood warning and development control.
Reference information
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Source:
UK Environmental Agency
Published in Climate-ADAPT: Jun 7, 2016
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