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Past FCERM funding arrangements have limited support for coastal management by relying on narrow benefit...

Conclusion
Past FCERM funding arrangements have limited support for coastal management by relying on narrow benefit assessments that overlook wider, nonmonetised risks from coastal erosion and the existential pressures facing coastal communities and industries. We welcome the Government’s intention to incorporate broader nonmonetised benefits into the prioritisation process from 2026. However, it remains unclear how these benefits will be defined, how the strategic priorities will apply to coastal erosion projects, and whether they will meaningfully address existing funding barriers to adaptation. We are also concerned that, as flood and coastal risk management projects are funded under the same programme, the proposal to automatically fund projects under £3 million could divert resources away from highercost coastal schemes. (Conclusion, Paragraph 45)