According to the Natural Resources Wales report, investment levels will need to increase by 3.4 times in order to keep up with future projections of climate change.
According to Natural Resources Wales, 47% more properties in Wales will be vulnerable to tidal flooding over the course of the next 100 years.
The organization in charge of overseeing Wales’s natural resources also discovered that, in a century, 24% more properties will be vulnerable to river flooding and 34% more to surface water flooding.
That assumes no new properties are developed.
The amount of money required to manage the nation’s future flood risk was examined in the report.
The report states that the amount of investment needed to keep up with future projections will need to increase by 3.4 times due to climate change.
The report goes on to say that risk management will involve more than just flood defenses.
A “combination of interventions in order to help communities become more resilient” will be required, according to the statement.