The Department for Environment, Food & Rural Affairs (Defra) has launched a consultation on flood and coastal erosion funding rules.
6.3 million homes and businesses in England are at risk from flooding. With climate change, the total number of properties at risk from flooding could increase to 8 million by the middle of the century – or around one in four properties. Around 3,500 properties are at risk of being lost to coastal erosion by 2055.
Defra said it wants to transform its approach to investing in resilience to flood and coastal erosion. The objectives of the new investment framework are for it to be simple, flexible, and strategic to deliver timely interventions and build national resilience.
This consultation is asking for feedback on two main proposals:
- The first is on its proposed simplified approach to funding new flood resilience projects
- The second is on its proposed approach to prioritise flood resilience projects
The consultation also includes a call for evidence on two wider floods investment areas – seeking views on alternative sources of funding to enable government funding to go further as well as exploring opportunities for English devolution to support flood risk management.
To give your views, visit https://consult.defra.gov.uk/floods-and-water/reforming-our-approach-to-floods-funding/
