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Harnessing England’s Biodiversity Net Gain legislation to amplify urban flood risk management

Author

Listed:
  • Sherry, Maeve
  • Kassian, Jonathan

Abstract

The Biodiversity Net Gain (BNG) legislation came into effect in England from February 2024 and represents a significant shift in planning regulations. Now that the legislation exists – and a new government is in place – this policy report presents the case for integrating BNG and natural flood management to enhance urban resilience, including integration of BNG funding with local authorities’ natural flood risk management projects. This can best be achieved through appropriate policy measures, better leveraging of insurance underwriting solutions, and research and collaboration. The report sets out recommendations for national government, local authorities, the insurance sector and others, intended to help amplify the legislation’s impact.

Suggested Citation

  • Sherry, Maeve & Kassian, Jonathan, 2024. "Harnessing England’s Biodiversity Net Gain legislation to amplify urban flood risk management," LSE Research Online Documents on Economics 129057, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:129057
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    File URL: http://eprints.lse.ac.uk/129057/
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    JEL classification:

    • F3 - International Economics - - International Finance
    • G3 - Financial Economics - - Corporate Finance and Governance
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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