US EditionFlood Defences to Receive £7.9bn Investment over Next Decade
- The UK government announced a £7.9 billion investment over the next ten years to enhance flood defences nationwide.
- This announcement follows previous confirmation of £4.2 billion to be spent over the next three years amid worsening climate-driven flood risks and aging infrastructure.
- The programme includes building new barriers, repairing existing defences, and nature-based solutions like wetland restoration to protect homes, businesses, and infrastructure.
- Steve Reed, the Environment Secretary, highlighted that a government’s primary responsibility is to safeguard its people, while Philip Duffy, CEO of the Environment Agency, stressed the importance of investing in flood defences amid the rise of extreme weather events.
- The investment aims to reduce economic damages, support public services, and boost economic growth by lessening flood recovery costs and increasing resilience.
13 Articles
13 Articles
Wetland restoration is seen as sunk cost – but new research shows why it should be considered an investment
Shutterstock/Wirestock CreatorsAs extreme weather intensifies globally, governments are seeking nature-based solutions that deliver both climate and economic benefits. The restoration of wetlands is an often overlooked opportunity. As our recent study shows, wetlands have long been treated as environmental “add-ons” but are in fact rising economic assets, delivering more value as they mature. Restored coastal wetlands, particularly mangroves and…
Government to spend £8 billion on flood protection for homes | Today's Conveyancer
The government has announced details of ‘the largest flood defence investment programme in history’, with £7.9 billion earmarked to protect ‘hundreds of thousands of homes, small businesses and vital infrastructure’. The 10-year programme will deliver high-performance flood barriers and nature-based solutions such as wetland restoration to offer long-term protection from flooding. Every £1 spent on flood defences is expected to prevent around £8…
EAC Chair says flooding investment is a sign that Government is taking flooding seriously - Water Magazine
Toby Perkins MP, Chair of the cross-party Environmental Audit Committee, has responded to news that the Government will invest £7.9bn in flood defences over the next decade. The EAC’s remit is to consider the extent to which the policies and programmes of government departments and non-departmental public bodies contribute to environmental protection and sustainable development, and to audit their performance against sustainable development and…
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