The UK Government has announced £120m to conduct repairs for strengthening the country’s defences against flood water and £200m to help more than 25 areas in the country to develop new actions to improve their resilience to flooding.

The recent rainfall in the UK in February resulted in thousands of homes being flooded and lives disrupted across several communities up and down in the country.

Since then, the government has been working with the Environment Agency and local authorities to get people back into their homes.

Since 2015, the UK government claims to have invested £2.6bn for better equipping the country against flooding.

The investment has resulted in currently delivering more than 1,000 flood and coastal defence schemes to protect 300,000 homes across England while offering greater certainty and protection to their living in areas with risk of flooding.

But, the twin impact of climate change and population growth indicates that more needs to be done. And, in this year’s Budget, the UK government announced to double its investment in flood and coastal defences in England to £5.2bn over the next six years.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The investment is expected to protect further 336,000 homes and non-residential properties such as businesses, schools and hospitals are better protected from flooding and coastal erosion.

Furthermore, the government and the Environment Agency will update how the level of funding is allocated to the projects.

The updated payments will account for inflation and based on the overall impact of flooding. The increased payments for flood schemes are also expected to create a range of environmental benefits.

The increased funding could protect properties that could later be at risk of flooding due to climate change. Surface water flooding has been added as a new risk category, will also qualify for more funding.

The changes made to the schemes will be applicable from next April, helping to recognise the full range of benefits that schemes can bring. The changes also indicate that more schemes will qualify for increased levels of government funding, in the years to come.

——————————————————————————————————————————————————-

UK allocates more funds to strengthen defence against flooding. (Credit: Pixabay/272447)