Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, whether his Department has made an assessment of the potential impact of frequent flooding on the (a) economy and (b) social cohesion of areas impacted.

Flood defences are critical to the protection of life and property and the effective functioning of the economy. Resilience and adaptation to the changing climate provide economic resilience and are key to supporting the government’s mission to kickstart economic growth.

The Environment Agency gathers data on how flooding affects the economy. The economic losses from the winter 2019 to 2020 flooding are estimated to be about £333 million. However, the economic damage avoided because of the protection provided is at least 14 times greater, at around £4.6 billion to £9.3 billion.

Around 36% of the damages caused by floods are to publicly owned infrastructure like roads, railways, schools and hospitals.