United Kingdom: Flood insurance scheme inadequate, says study

Posted by Guardian: Fiona Harvey, on August 18th, 2013
Guardian: The government's new scheme to protect homes in England and Wales from flooding vastly underestimates the number of properties at risk due to climate change, says a study from the London School of Economics (LSE). As many as 800,000 homes in England and Wales are likely to be at significant risk of flooding in a decade, even on optimistic assumptions of fewer homes being built in flood plains, with the number rising to 1.5m by 2050. That compares with about 370,000 homes at significant risk in......

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