However, a report by the National Audit Office (NAO) reveals that this target has been reduced to 200,000 properties, a 40% reduction primarily due to inflation.
Despite recent severe storms and widespread flooding, the Environment Agency removed 500 of the 2,000 new flood defense projects initially included in the government's six-year flood and coastal erosion program, despite increased funding.
Additionally, 203,000 properties with existing flood protection face an elevated risk due to a £34 million funding shortfall for maintenance.
The NAO recommends collaboration between government departments to maximize value for money in flood defense projects. Notably, the government has not set a clear flood resilience target beyond 2026, and nature-based solutions are highlighted as crucial for mitigating floods and climate change impacts.
Defra acknowledges the need to reassess targets due to inflation and pandemic-related delays while emphasizing its commitment to investing in flood protection.