Flood Control: Finance

Department for Environment, Food and Rural Affairs written question – answered on 22nd October 2018.

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Photo of Lord Porter of Spalding Lord Porter of Spalding Conservative

To ask Her Majesty's Government how much funding has been secured through contributions for investment in flood and coastal resilience schemes from (1) the private sector, (2) utility companies, and (3) local authorities since the start of the current six-year investment cycle.

Photo of Lord Gardiner of Kimble Lord Gardiner of Kimble The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs

The Government is investing £2.6 billion to protect better the country from flooding and coastal erosion between April 2015 and March 2021. This will improve protection for 300,000 homes in that period.

Since the start of the of the current six-year investment cycle the following contributions have been secured for investment in flood and coastal resilience schemes:

  • £31 million directly from private sector – over £2 million of which comes from utility companies;
  • £204 million from local authorities; and
  • £119 million from local authority ‘local levy’ funding that has been allocated to specific schemes.

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