Signal UK invested 5.2 billion pounds in flood defences and up to 60 million for loss and damage

Summary

The report cites financial commitments among the UK's mitigations for climate risk. The UK has put 5.2 billion pounds into flood defences. It also provides up to 60 million pounds to international efforts addressing climate-related loss and damage. These sums sit against a backdrop in which 5.5 million UK homes and businesses face flood risk and Storm Babet hit 2,100 properties in 2023. The report observes that unplanned recovery and repair are more expensive than adapting beforehand. It argues that climate mitigation and adaptation strengthen economic resilience by lowering exposure to extreme weather and speeding recovery from disasters.