(6 years, 6 months ago)
Lords ChamberMy Lords, whether it affects families, communities or businesses, clearly flooding is devastating and the clear-up can be very much a long-term affair for many. That is precisely why the business-led Property Flood Resilience Roundtable published an action plan in 2016. It is now working on a flood resilience code of practice—this is really important for places such as York, which unfortunately flood very frequently—and how to adapt the electricity supply, for example, so that if there is future flooding, recovery is much speedier. That is the way forward.
I am not sure whether I heard properly, but in spite of the United Nations World Water Development Report, which promotes very favourable natural solutions for water, both ecologically and financially, did the Minister say that out of £2.2 billion, we are spending only £15 million on natural-based solutions? If so, can we think again?
I did not talk about £15 million, but there are some specific projects involving natural capital and the £15 million that I did not mention. But, the £2.6 billion includes both hard engineering and the use of natural capital in the scheme. So, the £15 million is about specific, often community- led projects.