Objectives and Targeted Results

The project falls into the Programme Priority: “Action-oriented projects focusing on “risk-proofing” of public and/or private investments and development and testing of tools and methodologies for tracking of resilient investments”. More specifically the objective of the project is to:

  • Facilitate the collection, assessment and the exchange of information amongst stakeholders (i.e. responsible authorities, technical services and scientific community);
  • Provide overview and detail on existing standards applied for flood protection and safety and the methodologies which are implemented for the justification of the related investments;
  • Exploit the results of the successfully completed FLOOD CBA project to develop a state of the art guidance as well as necessary data sources and support structures for the appraisal of flood defence standards and tracking of the most resilient investments;
  • Validate the quality and applicability of the developed products through the realisation of pilot case studies in three selected areas of concern;
  • Demonstrate the Cost-Benefit Analysis as a tool that enables the end-users to identify those flood protection standards which represent “best value for money” by being economically efficient;
  • Strengthen the performance of the existing prevention mechanism especially in the project participating countries;
  • Promote the transnational cooperation of competent bodies all over Europe.

The project main results will be:

  • A peer to peer Information Exchange Network;
  • The assessment of current flood defence standards and their appraisal practices;
  • A research on the end users’ and stakeholders’ views;
  • A Knowledge Toolkit incorporating all relative information and in-depth knowledge sources in the development and appraisal of standards for flood protection and safety;
  • Guidelines on the integration of appraisal methods in the development of Standards for Flood Protection and Safety;
  • Three CBA case studies in selected areas of concern;
  • Three training seminars of key stakeholders;
  • The on-line evaluation of the Knowledge Toolkit;
  • A Helpline Centre for consultation and technical support to interested parties;
  • One transnational cooperation operating under an Exploitation Agreement;
  • A Capitalisation Plan fostering the results’ exploitation and sustainability strategy;
  • Broad stakeholders’ awareness raising via workshops, a series of informational material and a Final Conference.