FCERM toolkit: the local economic benefits of Flood and Coastal Erosion Risk Management projects

A toolkit focusing on methods to explore the local economic benefits of FCERM and land drainage in terms of wider impacts on local income or gross value added (GVA).

Documents

Flood and coastal erosion risk management and the local economy: toolkit - full report (821 KB) PDF

Flood and coastal erosion risk management and the local economy: toolkit - summary (203 KB) PDF

Flood and coastal erosion risk management and the local economy: toolkit - project note (2 MB) POWERPOINT

Flood and coastal erosion risk management and the local economy: case studies - part A (6 MB) POWERPOINT

Flood and coastal erosion risk management and the local economy: case studies - part B (18 MB) POWERPOINT

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Details

Objectives

This project is a step towards making the existing economic appraisal system for Flood and Coastal Erosion Risk Management (FCERM) projects more useful for local partners. These local partners include:

  • local authorities
  • Internal Drainage Boards (IDBs)
  • Local Enterprise Partnerships (LEPs)
  • business groups
  • others who benefit from flood and coastal management and land drainage

The rise of partnership working and funding in FCERM and land drainage means that the emphasis of appraisal is shifting towards a more holistic assessment of impacts on a range of partners. These include those assessing the local case for contributing their own funding to supplement Grant in Aid.

Outcome

This toolkit focuses on methods to explore the local economic benefits of FCERM and land drainage. This looks beyond the usual estimation of ‘avoided damages’ to consider wider impacts on local income or gross value added (GVA).

This toolkit is entirely voluntary and is not meant to displace any existing appraisal methods used by partners to explore the local benefits of FCERM. The methods in this toolkit are not suitable for estimating national-level GVA or economic growth impacts. It should be used for local assessment only.

This project ran from 2013 to 2014 at a cost of £133,270.

Published 22 February 2021