New JRF report shows link between flood risk and economic growth

According to the report by Paul Sayers for Joseph Rowntree Foundation (JRF); flood risk could undermine economic growth in struggling cities. The report, ‘Present and future flood vulnerability, risk and disadvantage: A UK assessment’ highlights how flood risks interact with social vulnerability across the UK to create flood disadvantage, an issue which will be exacerbated by climate change. Today some 6.4 million people live in flood prone areas, with around 1.5 million of these people living in socially vulnerable neighbourhoods (which include people on low incomes, with poor health and other factors that means floods are likely to have more negative impacts on people). The research finds that: · Over 50% of the population exposed to flooding in the most vulnerable neighbourhoods can be found in just ten local authorities; · The number of people living in flood prone areas is set to increase to 10.8 million people by the 2080s, assuming a plausible but more extreme future scenario (of high population growth and a 4 degree centigrade increase in temperatures due to climate change); · Cities in relative economic decline experience levels of flood disadvantage above the UK average, suggesting floods could undermine economic growth in areas that need it most and lead to a spiral of decline if repeated floods occur. The report highlights a series of recommendations for policymakers including: · Better targeting support to the most socially vulnerable in flood investment decisions; · Ensuring flood risk management policy actively supports inclusive growth and local community resilience; · Better reflecting the disproportionate long-term flood risks faced by vulnerable neighbourhoods in national and local planning policy, including greater consideration of climate change. An executive summary and the full report can be found on Sayers and Partners website – here.