Environment Agency: Finance

(asked on 1st October 2020) - View Source

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, pursuant to the Answer of 30 September 2020 to Question 95729, whether the Environmental Agency received enough funding from all of its sources of funding to reach its estimated investment need for flood and coastal protection.


Answered by
Rebecca Pow Portrait
Rebecca Pow
Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)
This question was answered on 6th October 2020

The 2020 Budget announced £5.2 billion of Defra capital investment for the six years starting in 2021. This equates to £866 million per year. In addition there will be partnership funding contributions, Ministry of Housing, Communities and Local Government investment direct to local authorities and revenue investment for the maintenance of defences.

Subject to the upcoming comprehensive spending review, it is very likely the overall level of investment over the six years from 2021 will exceed the £1 billion per year identified in the Environment Agency’s Long Term Investment Scenarios.

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