Business Green: The urgent need to increase investment in climate adaptation measures will be again be underlined later today with the release of a major new report from the Environment Agency, which calculates that the floods of summer 2007 cost the UK £3.2bn. The study, which is being positioned as one of the most comprehensive assessments of flood costs ever undertaken, calculates that the widespread flooding cost households and businesses a total of £2bn. It found that the average cost for …