Ministers say coping even with low levels could cost the country billions of pounds a year.
For example, it notes, unless the UK takes further action, the cost of flood-related damages for non-residential properties is expected to increase by 27% by 2050 and 40% by 2080.
If temperature rises to 4C – which the government’s science advisers say is possible - this increases to 44% and 75% respectively.£5.2bn for 2,000 new flood defences by 2027Continuing work on the Green Finance Strategy to help money reach “green” projects
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