Flood Re unlikely to provide long-term solution, researchers say
The Flood Re scheme is unlikely to work for the long-term as it fails to take into account the flood risk increase that climate change poses, the Centre for Climate Change Economics and Policy and the Grantham Research Institute on Climate Change and the Environment at the London School of Economics have warned.
Responding to a consultation by the Department for Environment, Food and Rural Affairs on the future availability and affordability of home insurance in areas of flood risk, which was launched in June...
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