Yorkshire: Sustainable Water Management Solutions Debate
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Lord Watts
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Yorkshire: Sustainable Water Management Solutions
Lord Watts Excerpts(1 day, 9 hours ago)
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Baroness Hayman of Ullock (Lab)
The noble Baroness raises a very important point, and that is why we now have a strategic objective to ensure that at least 4% of flood and coastal erosion risk management investment over the next 10 years is dedicated to natural flood management. This means that we will invest at least £300 million in natural flood management over the next decade—the highest amount so far during the floods programme. We are also prioritising projects by their benefits for every pound of government investment, because we know that natural flood management has historically attracted contributions from partners. Again, this will help to boost effectiveness. We are completely committed to continued investment in these natural flood management systems.
Lord Watts (Lab)
My Lords, is this not another case of privatisation going wrong and the water companies taking massive profits out of the water system, leaving the Government with liabilities that are now costing a fortune?