Flood Resilience IWG discusses Federal Flood Risk Management Standard
In an effort to address the nation’s most common natural hazard, the Flood Resilience Interagency Working Group (IWG) convened in August to discuss implementation of the Federal Flood Risk Management Standard (FFRMS) and other flood resiliency activities. FFRMS was reestablished as a result of Executive Order 14030, Climate-Related Financial Risk.
The IWG consists of over 20 federal agencies and is co-led by the Council on Environmental Quality (CEQ), the Office of Management and Budget (OMB), and the Federal Emergency Management Agency (FEMA).
A White House press release notes that the Flood Resilience IWG will focus primarily on three major topics:
- Supporting agencies’ implementation of federal flood programs and regulations, including FFRMS;
- Coordinating science-based and technical assistance needs for accurate data-driven decision throughout the making and implementation of agency flood-related activity; and
- Providing agencies with appropriate climate projections and datasets, such as flood frequency and sea level rise data, identification of unmet data needs, and creation of new tools and solutions.
In an interim policy from FEMA describing partial implementation of FFRMS, the agency set forth higher vertical flood elevation requirements for certain noncritical actions. The policy hopes to build resiliency and ensure that communities that may be affected by flood disasters will be less vulnerable to loss of life and property.
Key to remember: Flooding events are becoming increasingly common, and can result in billions of dollars of damage. Building flood resiliency is important for businesses seeking to protect human health and the environment.