“This House believes that the UK and other countries are meeting the economic resilience requirements to address increasing storms” will be the topical debate closing the first day of the Investinblue conference, taking place during IFB2016.
Peter Green, CEO of National Maritime (NMDG), organisers of Investinblue, said; “The debate will essentially focus on the increasing ratio and force of storms, and whether the UK and other countries may have to re-address the economic resilience factor and necessary infrastructure and innovations that may be required.” The complex pattern of storm damage affecting economic marine activity, inland urban and rural areas and key infrastructure is questioning whether existing resources and capabilities are sufficient. It is likely that if economic activities and growth plans are to be realised, the scale and approach towards such resilience may have to be more transformational.
This presents opportunities for new industry growth and refined flood management, within a climate challenging economy. Recent events have proven the case that despite investment in capital projects, the customer (house owners and businesses), are being negatively impacted by flood.
The cost of mopping up is huge and the process is time consuming. One example of a capital project is that Environment Ministers are going ahead with a five year ‘River Catchment Scheme’, designed to re-direct river flows into natural holding plains before reaching towns or cities.
The cost of repairing the damage spans many sectors and amounts to a significant investment opportunity. Given the complexity of these funding sources, can the case be made for switching the current costs of inundation damage into innovation and improving our use of science and engineering to reduce future inundation risk?
Chaired by Bruce Thomson, Managing Director, Accelerate Corporation, the debate’s participants will include Professor Peter Guthrie, Professor of Engineering for Sustainable Development, University of Cambridge, Professor Sean Smith BSc, PhD, FIOA, FRSA, Professor of Construction Innovation & Director of ISC, Institute for Sustainable Construction, School of Engineering & the Built Environment, Edinburgh Napier University, and also aims to include the day’s key speakers.
For further information and how to book for the event visit: http://nationalmaritimedevelopmentgroup.com/events/investinblue-ifb-2016/
Further information on sponsorship: http://nationalmaritimedevelopmentgroup.com/wp-content/uploads/2015/12/NMDG_INVESTINBLUE.pdf
Twitter: @maritimedevgrp @Jobsinmaritime
- Investinblue, a two day event during at IFB2016, a biennial marketplace which brings together thousands of businesses from around the world for three weeks of events, networking and deal-making. http://www.ifb2016.com/. Investinblue will promote UK maritime infrastructure development, high technology projects, products, systems and services to the world, bringing together the UK maritime sector with the goal of working together to showcase, draw interest and inbound investment from UK and overseas stakeholders, dedicated to stimulating the growth of the UK and maritime economy.
- National Maritime (NMDG) is a maritime network for industries influenced by the sea and waterways. The group focuses on supply chain development and the sustainable growth of estuarine and coastal communities, to drive sector and economic growth. Key sectors include shipping, port operations and business services, marine engineering, renewable, fisheries, heritage, offshore oil and recreational: http://nationalmaritimedevelopmentgroup.com/
Jobs in Maritime is the global maritime jobsite & recruitment service of National Maritime (NMDG) shore-side & sea-going careers. A unique job-site and recruitment service for jobseekers and employers, focused 100% on land and sea jobs created by maritime industries, to help drive forward economic growth and prosperity: http://www.jobsinmaritime.com/