Defra has released the new English National Flood and Coastal Risk Management Policy Statement. There’s a useful summary here: https://www.gov.uk/government/news/multi-billion-pound-investment-as-government-unveils-new-long-term-plan-to-tackle-flooding
An important extract includes a nod to ‘Build Back Better’, and recognises the benefits that property flood resilience can provide, thus providing betterment to household premiums.
The plan also sets out proposed changes to the joint government and insurance industry Flood Re scheme. Subject to consultation, this will allow claims to include an additional amount so that flood resilience measures are included in repairs, and allow households that have property flood resilience measures in place to benefit from lower premiums.
As well as the commitment to invest £170M on 22 ‘shovel-ready’ schemes aiming to protect, a further £200M has been made available for an ‘Innovative Resilience Programme’ which will: “deliver innovative actions in 25 local areas such as nature based solutions, sustainable drainage systems, pro-active approaches for making existing properties more flood resilient, encouraging local businesses to improve their flood resilience, and building voluntary sector capacity to respond and recover”.
These are really positive steps for the industry with encouraging signs to help promote preparedness across at-risk communities.
The Environment Agency also laid out before Parliament its own National Flood and Coastal Erosion Risk Management Strategy. Of particular note:
Risk management authorities will work with partners to:
- put greater focus on providing timely and quality planning advice that helps avoid inappropriate development in areas at risk of flooding and coastal change
- leave the environment in a better state by contributing to environmental net gain for new development proposals
- ensure that spending on flood and coastal resilience contributes to job creation and sustainable growth in local places
- mainstream property flood resilience measures and to ‘build back better’ after flooding to reduce damages and enable faster recovery for local communities
- provide expert advice on how infrastructure providers (road, rail, water and power supplies) can ensure their investments are more resilient to future flooding and coastal change avoiding disruption to peoples’ lives and livelihoods