The Government extend their deepest sympathies to the citizens of Valencia and more widely across Spain, where recent floods have had devastating impacts on communities, including the tragic loss of more than 200 lives. These events are a stark reminder of the challenges we face in a changing climate.
This Government set up the first ever Floods Resilience Taskforce, on 12 September. The taskforce marks a new approach to preparing for flooding, and working between national, regional and local government. It brings together Ministers and stakeholders, including DEFRA, MHCLG, Home Office, Cabinet Office, mayoral offices, the Environment Agency, the Met Office, devolved Administrations, local resilience forums, emergency responders, and the National Farmers Union, among others.
As announced at the autumn Budget 2024, the Government will invest £2.4 billion over two years to improve flood resilience and better protect communities across the country, including from coastal erosion.
But this Government inherited an outdated funding formula for allocating money to proposed flood defences. Established in 2011, the existing formula slows down the delivery of new flood schemes through a complex application process, and also neglects more innovative approaches to flood management such as nature-based approaches and sustainable drainage.
To speed up the delivery of new defences and ensure that the challenges facing businesses and rural and coastal communities are adequately taken into account, a consultation will be launched in the new year which will include a review of the existing formula. We also want to ensure that floods funding policy drives close partnership working and brings in wider financial contributions to flood schemes, to make Government funding go further.
Additional financial support will also be provided to rural communities, recognising the significant impact of flooding on farmers, and £50 million will be distributed to internal drainage boards—the public bodies responsible for managing water levels for agricultural and environmental needs in a particular area.
This transformational investment will put IDBs on a firm footing to deliver their vital role in flood and water management for years to come. IDBs that submit successful bids will be able to spend the £50 million on projects over the next two years. This will benefit projects that will improve, repair or replace IDB assets, including flood barriers, embankments and maintenance of watercourses. The funding will support projects which reduce risks and impacts from flooding to farmer and rural communities across England. The Environment Agency has begun work with IDBs to distribute the funding from today.
This follows confirmation of payments to farmers impacted by last year’s severe weather through the farming recovery fund. A total of £60 million will be distributed to eligible farmers, via recovery payments of between £2,895 and £25,000 to around 13,000 farm businesses. Payments are expected to land in farmers’ accounts from 21 November.
Taken together, the measures announced today will deliver meaningful change for communities across the country. They represent a significant package of funding and a promise of reform which show that this Government will continue to act to ensure people are better protected from flooding right across the country.
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