The Environment Agency (EA) is continuing work on two separate projects to update evidence on measuring the economic costs, resilience and coastal change related to flooding.

The Agency is conducting two separate projects under the aegis on the Flood and Coastal Erosion Risk Management Research and Development Programme.
Research into how evidence is collected on the costs of floods in England and Wales via capturing, calculating and analysing data on the economic costs of flooding is currently ongoing.
Previous research on the cost of flooding in 2007, 2012/13 and 2015/16 has provided the EA with important evidence on the types and total damage sustained, but this needs updating with data on floods since 2016.
The Agency is now in the process of collecting, collating, and analysing flood impact data from 2016 to 2019 to calculate the economic costs of floods.
The project aim is to broaden the EA’s evidence on the costs of flooding so that it adequately reflects a range of flood magnitudes, sources of flooding, duration, impacts and economic damage profiles.
The Agency will use the information to inform the payment rates in the partnership funding calculator and in its long term investment scenarios to inform investment in flood and coastal erosion risk management.
Expected completion date is Winter 2021.
In a separate project which is seeking to increase resilience to flooding, the EA is working out how to measure changes in resilience to flooding and coastal change over time.
The Agency wants to know what measures, indicators, or outcomes can be used to describe changes in resilience over time across activities of place making, protection, responding, recovering, to demonstrate progress against its corporate goals and national FCERM strategy.
The research will be used to develop a set of measurements that can be used to understand, monitor, and communicate resilience to flooding and coastal change at all scales.
The Agency said this will enable flood and coastal risk management authorities to describe the difference FCERM activities make to the resilience of people and places to flooding and coastal change.
Expected completion date is Summer 2022.
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