How the Environment Agency will manage government investment to reduce flood risk and coastal erosion in England.
Between April 2015 and March 2021, the government will invest £2.3 billion in more than 1,500 projects across England. The Department for Environment, Food and Rural Affairs (Defra) investment plan sets out how this commitment will transform flood and coastal erosion risk management over the coming 6 years.
The programme of work that this funding will support will reduce flood risk for more than 300,000 households by March 2021. The Environment Agency (EA) published details of the projects in December 2014 in the programme of flood and coastal erosion risk management schemes. You can also view the 6 year investment programme on an interactive map.
In the Autumn Statement 2014, the Chancellor of the Exchequer agreed to bring forward £60 million of the £2.3 billion budget. EA will allocate this £60 million over the next 4 years instead of over the next 6 years. Better management of flood and coastal erosion risk projects will also free up around £80 million of the budget over the next 6 years. This means EA has been able to allocate over £140 million from within the existing £2.3 billion budget to schemes in the next 6 years.
As a result of making funding available sooner and making project management savings, 212 projects will benefit. This means:
- 47 new projects are now in the 6 year programme
- 165 projects that were already in the programme will receive funding sooner
- 80 projects will start at least 3 years earlier than planned
You can see these projects in the list of accelerated schemes and on the map of accelerated schemes.
The programme of flood and coastal erosion risk management investment and accelerated schemes includes projects developed by local authorities, internal drainage boards and EA. These risk management authorities work with communities to develop schemes.
EA consulted Regional Flood and Coastal Committees and local partners about speeding up projects because EA manage the allocation of funding.
The long-term investment scenarios 2014 is an updated analysis of future investment in flood and coastal erosion risk management over the next 50 years. This investment programme is in line with those recommendations.