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We welcome the doubling of investment in flood defences announced at Budget 2020, amounting to...
Recommendation
We welcome the doubling of investment in flood defences announced at Budget 2020, amounting to £5.2 billion over the next six years. It is vital that measures to address the growing, long-term, flood and coastal risk in the face of climate change are adequately resourced. The Government should therefore keep the level of investment under constant review, with reference to the Environment Agency’s long-term investment scenarios. The Government should commit to ensuring that funding for flood and coastal erosion risk management will keep pace with climate science and modelling of flood and coastal risk, both during the 2021–27 programme and beyond.
Paragraph Reference
12
Government Response
Not Addressed
Government Response
Not Addressed
HM Government
Not Addressed
Since 2010 the Government has significantly increased its investment in flood and coastal erosion risk management and has just begun a new six-year capital investment programme, investing a record £5.2 billion in delivering around 2,000 schemes to better protect 336,000 properties. This doubles the Government investment when compared to the 2015–21 programme. The new investment programme alongside a range of other anticipated capital and revenue investment sources in England (such as the £200m innovation fund and the £170m economic recovery funding for 22 accelerated flood defence schemes) will, for 2021 to 2027, exceed the average optimum investment level identified by the Environment Agency’s Long Term Investment Scenarios.6 The new investment programme alongside other anticipated capital investment sources will also exceed the minimum required to maintain resilience, as estimated by the National Infrastructure Assessment. The Government’s long-term approach to its investment programme enables it to better address the impacts of climate change. The Environment Agency provides guidance on assessing a range of future climate change scenarios when developing individual schemes. This guidance reflects the higher climate scenario from the latest UK Climate Projections7 and ensures that schemes are resilient to future changes in climate, provide adequate protection to people and places and account for uncertainties where the science is still being developed. The Environment Agency regularly keeps this guidance under review and updates it to reflect the latest science and data. Beyond this parliament and the current six-year flood defence investment programme, the level of investment will be for the next Government to determine.
Timeline
Recommendation age
5.3 yrs
Report published
08 Feb 2021