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Flood mitigation is a related but separate concept describing a broader set of strategies taken to reduce flood risk and potential impact while improving resilience against flood events. As climate change has led to increased flood risk an intensity, flood management is an important part of climate change adaptation and climate resilience .
More costly analysis of flood risk can be achieved through detailed flood modelling to challenge the agency's modelled levels and corresponding flood zones. The FRA takes into account the risk and impact of flooding on the site, and takes into consideration how the development may affect flooding in the local area.
While flood control aims mainly on reducing or preventing the negative effects of floods, IFM aims on reducing the overall risk by means of land and water resources management with the goal of maximizing the benefits from the use of flood plains and minimizing the damage and loss of life due to flooding in a sustainable manner.
Flood mitigation is a related but separate concept describing a broader set of strategies taken to reduce flood risk and potential impact while improving resilience against flood events. As climate change has led to increased flood risk an intensity, flood management is an important part of climate change adaptation and climate resilience.
Economic analysis also looks at the economics of climate change mitigation and the cost of climate adaptation. Mitigation costs will vary according to how and when emissions are cut. Early, well-planned action will minimize the costs. [5] Globally, the benefits and co-benefits of keeping warming under 2 °C exceed the costs. [6]
Climate resilience is generally considered to be the ability to recover from, or to mitigate vulnerability to, climate-related shocks such as floods and droughts. [7] It is a political process that strengthens the ability of all to mitigate vulnerability to risks from, and adapt to changing patterns in, climate hazards and variability.
Managed retreat in the form of relocation has been used in inland and coastal areas in response to severe flooding and hurricanes. In the United States, this often takes the form of "buyout" programs, in which government acquires and relocates or demolishes at-risk properties.
Ecosystem-based Adaptation (EbA) describes a variety of approaches for adapting to climate change, all of which involve the management of ecosystems to reduce the vulnerability of human communities to the impacts of climate change such as storm and flood damage to physical assets, coastal erosion, salinisation of freshwater resources, and loss of agricultural productivity.