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 coalitio...
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 make Type: conclusion | Number: 13 | Response status: under_consideration Government response: 2.1 The government agrees with the Committee’s recommendation. Target Implementation date: alongside Spending Review 2021 2.2 The Agency tracks partnership funding for the capital programme monthly to identify what contributions need to be secured. The Agen