Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, how much of the flood and coastal erosion risk management funding (a) has been allocated and (b) is available.
We are in the third year of the current six-year £5.2 billion Flood and coastal erosion risk management investment programme. The funding can be spent on projects that better protect properties in England as well as the development of future projects.
At the end of March 2023, the Environment Agency estimated that approximately £1.5 billion of this funding has been invested with over 200 flood risk schemes completed. Over £800 million will be invested in the current financial year until March 2024 and the remaining money is indicatively allocated to projects until the end of March 2027.