Flood defences can help prevent £568m losses each year, report claims
Flood defences can help prevent £568m losses each year, report claims Elmira Tanatarova, PA 15 June 2021, 7:42 pm River flood defences prevent losses of £568 million a year, showing the vital need to maintain them, a new report has found. The study for ABI and insurers Flood Re by flood risk specialists at JBA Risk Management looked at the benefits of flood protection upkeep over a 30-year period under different spending scenarios. It found that without flood defences in place along rivers, losses could total £956 million a year, which was reduced to £388 million with defences, showing th...
Source: aol.co.uk