A new report commissioned by RSA Insurance, an Intact company, and The Wildlife Trusts shows that every £1 invested in natural flood management (NFM) is expected to deliver £10 of benefits over 30 years. Nature is one of the best defences against flooding in a changing climate, but the partners behind the report believe that more investment, data and support is needed to increase its long-term positive effects.
Natural flood management means investing in beaver wetlands, creating ponds, restoring bogs, rewilding rivers and de-paving so that these areas can soak up water and hold it back in times of high rainfall*. Evidence collated by the Environment Agency shows that natural flood management is effective at reducing the overall damage from flood risk; the new report has gone further to focus on wider benefits including better habitats for wildlife, carbon storage, and improvements to health and wellbeing.
Alongside the devastating impacts that flooding can have on people, it is the UK’s most expensive natural hazard, costing approximately £2.2 billion annually. This is projected to rise by a range of 19-49% by the 2050s according to the UK’s latest Climate Change Risk Assessment.
The new research looked at ten natural flood management schemes created by individual Wildlife Trusts. Collectively, they had an average total cost-benefit ratio of 4:1 over ten years rising to 10:1 over 30 years.
The schemes included:
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Upper Sherbourne, Warwickshire Wildlife Trust: leaky dams and retention pools installed to help stop properties and roads flooding in a suburb of Coventry
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Limb Brook, Sheffield & Rotherham Wildlife Trust: wetland expansion, 20 attenuation ponds created, 50+ leaky dams installed, de-culverted streams, and hedge planting
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River Otter, Devon Wildlife Trust: wetlands restored by beaver dams, which can attenuate flood flows by an average of 30%, even during wet (high flow) conditions
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Gloucester & Cheltenham Waterscapes, Gloucestershire Wildlife Trust: 50 homes will benefit from decreased risk of flooding due to creation of rain gardens, de-paving driveways, green verges, attenuation ponds and scrapes, which were delivered through RSA funding.
Additionally, a survey of surrounding communities found that more than 85% of respondents who had access to their local scheme felt it encouraged physical health and exercise, while 92% felt they were good spaces for positive mental wellbeing and provided opportunities to see nature.