Lord Deben
Main Page: Lord Deben (Conservative - Life peer)(10 years, 11 months ago)
Lords ChamberDoes my noble friend accept that the costs of cleaning up after floods are considerably greater than the costs of protection from floods? Therefore, now that the Prime Minister, the Leader of the Opposition and the official spokesman for the Liberal Democrat Party in the House of Commons have admitted the connection between climate change and flooding, can we expect that the Government will re-assess the on-going spending on flood prevention in the United Kingdom?
My noble friend raises an important point. On our investment in flood defences, it is important to make the point that this Government’s overall investment is higher than ever before. We announced in the Autumn Statement before Christmas—this has not happened before—a commitment to a protected, long-term, six-year capital settlement for flood defences. This will lead to £400 million a year by 2021 and will mean that a further 300,000 other properties are protected beyond those that already are.