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River Thames Scheme Funding

Surrey County Council

Cabinet Meeting - 29th October 2019

The following recommendations were approved on 29th October 2019

Surrey County Council

Cabinet Meeting 29TH  October 2019

SUBJECT: FUNDING FLOOD RISK MANAGEMENT IN SURREY

 

RECOMMENDATIONS: (NOW APPROVED)

Cabinet is recommended to:

1. Approve in principle to the council's investment of £270m to deliver the objectives

of Surrey's Flood Risk Management Strategy.

2. Approve the development of new governance arrangements to oversee the

delivery of Surrey's Local Flood Risk Management Strategy and separate

arrangements for overseeing the delivery of the River Thames Scheme along

with a risk sharing agreement, the detail to be brought to Cabinet for further

approval in early 2020.

3. Approve the commissioning of a master planning exercise for the River Thames

Corridor to maximise the opportunities from the River Thames Scheme.

 External link to Surrey County Council

The previous RTS Funding page can be found here

Extract from 'Surrey Matters' below:

£270m of funding to alleviate flood risk

Published: 30 October 2019

New funding for River Thames

River Thames Scheme funding announced

Surrey County Council's cabinet has agreed £270 million of funding for long term flood risk management work across Surrey to protect homes and roads. This includes a contribution to the River Thames Scheme, which will reduce flood risk to 15,000 properties and tens of thousands of people living and working near the Thames.

Costing £640 million, the scheme represents the largest investment in flood risk in the UK to date. £404 million has already been committed including £308 million government investment and £95 million of further partnership funding. The Environment Agency and the Royal Borough of Windsor and Maidenhead have also agreed contributions towards the scheme.

Tim Oliver, Leader of Surrey County Council, said: "The floods in 2014 were devastating for Surrey and ever since then it's been clear we need to do all we can to make sure our residents and their properties are protected from such risks in the future.

"That's why it's vital that work such as the Surrey Flood Alleviation Programme gets the funding it needs. As well as developing a programme of flood works across the county it will make sure that the River Thames Scheme can proceed."

The River Thames Scheme will create three flood alleviation channels alongside the River Thames and improve capacity at three weirs. It will run from Datchet in Berkshire, through Surrey to Teddington. The scheme will also support a greener future, with four country parks created as well as 23km of new footways and cycle paths.

Welcoming the news, Sir James Bevan, Chief Executive of the Environment Agency said: "The huge scale of this project demonstrates what can be achieved when partners come together to achieve a common goal of helping to protect communities and boosting the local economy whilst also establishing a lasting green legacy for the area."

Link to source (external page)  https://www.surreycc.gov.uk/people-and-community/surrey-matters/community/270m-of-funding-to-alleviate-flood-risk