Entec
Bulletin
Entec Flood Study for ABI Published
The Association of British Insurers has published Coastal flood risk – Thinking for tomorrow, acting today, a report that assesses the threat from rising sea levels and examines the impact on the east coast and in particular on Hull, Great Yarmouth and Lowestoft, Southend, East London and Hastings. It is predicted that a 40cm rise in sea levels could happen as soon as 2040.
The report, produced by Entec in collaboration with Risk Management Solutions and Risk & Policy Analysts, concludes that £8 billion needs to be invested into flood defences over the next 25 to 30 years to protect the east coast from flooding. Also recommended is a long-term flood management strategy, which looks at funding needs 25–30 years ahead, and regional planning taking into account the likely impact of climate change in 50 and 100 years time.
The report concludes:
Stephen Haddrill, the
ABI’s Director General, said: “Climate change is happening now,
and we need to act now to manage it. Flooding is expensive, disruptive and
distressing. This report shows that Britain needs a sustained
and prolonged investment in coastal flood defences. This investment needs
to start now.”
Visit www.abi.org.uk for further details.
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