The mammoth Venice Mobile Barrier System (MOSE) will need private cash to remain viable after it opens in 2014, Italian minister professor Renato Brunetta told an Italian Embassy meeting at the ICE this week.
More from: Flood defences need £1bn a year spend
Construction of the €4.3bn (£3.6bn) flood barrier is more than half complete.
Also speaking at the event, Environment Agency Thames tidal flood risk manager Andy Batchelor said it was important to think beyond construction of “mammoth” barriers such as the MOSE and the Thames Barrier.
“Once the structures are built we can’t just walk away from them,” Batchelor said. “We need to invest in them to maintain them.”
MOSE is designed to protect Venice from tides of up to 3m, based on sea level rises of 600mm over the next 100 years. Work began in 2003 and is due to complete in 2014.
Venice flood defence needs private cash