WPI Economics was commissioned by Flood Re to scope out the feasibility of a system of Flood performance Certificates (FPCs) and develop a framework for how they could be implemented effectively in the UK. This report was compiled based on desk-based research and extensive discussions with experts and stakeholders including two workshops.
It explores the role of property flood resilience in addressing the UK’s flood risk, and the barriers to take up that currently exist, and sets out the potential role that FPCs could play in breaking down these barriers. It then goes on to set out how FPCs should be designed such as to maximise their impact, as well as some recommendations around the overall policy and regulatory infrastructure surrounding FPCs.
Click here to read the full report.
Published December 2020.