Flood Control: Finance
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment his Department has made of the effectiveness of the methodology used to decide which areas are eligible for funding under the Frequently Flooded Allowance.
Answered by Emma Hardy
This Government is investing £2.4bn in 2024/25-2025/26 to improve flood resilience. The projects to receive Government funding in 2025/26 will be consented over the coming months in the usual way through Regional Flood and Coastal Committees with local representation.
We will consult in the new year on a review of the formula that allocates flood defence funding to ensure the challenges facing businesses and rural and coastal communities are adequately taken into account.
The process used to allocate funding to floods projects in the investment programme follows a consistent approach that aims to reduce flood risk and secure benefits. The approach follows Green Book guidance on value for money.
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