Factoid/2019/12/16
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< Beachapedia:Factoid | 2019 | 12
Act now to prevent flooding or pay later
- "A new study... seeks to answer an important question related to flooding in the United States – pay now to protect undeveloped areas that are likely to flood in the future or allow developments to go ahead and pay for damage when it occurs. The paper, published today in the journal Nature Sustainability has identified 270,000 square kilometres of land – an area roughly the size of Colorado – in floodplains where conservation would be an economically sound way to avoid future flood damages... Flooding is among the most common of natural disasters, and it is the most-costly with average flood losses in the US increasing steadily to nearly $10 billion annually." - Excerpt from University of Bristol
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