Environment Agency: “Alternative funding sources needed for future flood defences”
Future investment in flood defences will require greater contributions from communities and businesses, Environment Agency Chief Executive Dr Paul Leinster will say in a speech today.
Speaking at the Defra/Environment Agency Flood and Coastal Risk Management conference in Telford, Dr Leinster will say that local contributions to the funding of flood defences will have to play a greater role in reducing the risk of flood and coastal erosion. His comments echo calls made by Sir Michael Pitt in his independent review of the summer 2007 floods.
Environment Agency spending on flood and coastal risk management is currently at record levels (£629m for 2010-11). However, other sources of funding will need to be found to protect communities from increasing risk of flooding and coastal erosion including from changes in climate in future. (more…)









