Recommendation 13

Nearly all this partnership funding has been obtained from public sector sources, with only £39 million (7% of the total) being secured from the private sector. This is significantly lower than the 25% of partnership funding secured from the private sector between April 2011 and March 2015.13 The Department wants to see the level of private sector contributions increase and is looking at the types of incentives that might support this. The Agency told us that it is important to build coalitions with the private sector to help them understand it is in their interest to invest in flood defences. However, the Department agreed that Covid-19 makes attracting private sector funding more challenging and uncertain.14 Funding cycles