I'm planning on applying foam-panel insulation over my basement's concrete wall. I'm told a fire barrier is required over that, either plasterboard or decently-thick plywood.
I've been considering making the bottom few inches a separate piece, so it can easily be replaced if we get a Water Event. Simpler than having to cut it free and might reduce wicking upward.
My question is, is there something else I could consider using as this "baseboard" which would have the needed fire rating and be likely to pass inspection but be inherently waterproof? Obvious thought would be to build up a few inches of of brick or concrete inner wall... but I'm sure someone out there has a better answer.
Or should I just put in french drains and trust the sump pump?