The past decade has seen significant developments in the approaches to assessing and managing flood risk. Programmes such as the National Flood Risk Assessment (NaFRA) and the Long Term Investment Strategy (LTIS) (undertaken by the Environment Agency) have built upon this knowledge and continue to represent leading international practice.
Following on from the first FoRUM Workshop (focused on national scale risk models) this second workshops addressed Long term investment planning. In particular, the Workshop will focus on recent advances in investment planning under conditions of future uncertainty made in both the private sector (e.g. Water Utilities); in Government agencies (e.g. Environment Agency) and in academic communities (both in the UK through FRMRC I / II, ITRC, iCOAST and internationally, particularly in the US and Netherlands). Some of these methods are finding their way into investment planning processes (such as the Agency's Long Term Investment Strategy, LTIS, and Thames Water investment planning processes) but a significant gap exists between the approaches applied in practice and the advances being made in academia (e.g. Sayers et al, 2013, Hino and Hall, 2014).
The aims of the workshop are to help: