Reforming our approach to floods funding

6.3 million homes and businesses in England are at risk from flooding . With climate change, the total number of properties at risk from flooding could increase to 8 million by the middle of the century – or around one in four properties. Around 3,500 properties are at risk of being lost to coastal erosion by 2055. We have a bold strategic vision for the future to transform our approach to investing in resilience to flood and coastal erosion . The objectives of the new investment framework are for it to be simple, flexible, and strategic to deliver timely interventions and build national resilience. This consultation is asking for feedback on two main proposals : The first is on our proposed simplified approach to funding new flood resilience projects The second is on our proposed approach to prioritise flood resilience projects The consultation also includes a call for evidence on two wider floods investment areas