Saturday, March 23, 2019

£4m boost for Alde and Ore estuary project

March 5, 2019 by  
Filed under News & Business

Farmers and landowners in the Alde and Ore estuary have raised a £3m fund towards upgrading work on the Alde and Ore Estuary plan.

Raised through the East Suffolk Internal Drainage Board, the money is in addition to more than £1m in pledges and cash so far given to the Alde and Ore Estuary Trust by landowners and farmers – making a total of £4m towards the project.

AOEP chairman Edward Greenwell said “Our aims are to improve flood protection for all the local residents, businesses and the environment – not just farming – so we have greater certainty about flood risk over the next few decades.”

For the next 28 years, landowners would be contributing £115,000 annually, said Sir Edward – a clear long term commitment to the project’s importance. Money already raised by landowners will be spent on the flood defence works across the whole estuary.

Funding group chairman Jane Maxim, who is also a trustee of the Alde & Ore Estuary Trust, said: “The Trust would very much like to thank local landowners for the contribution they have already made and their pledges of further financial support.”

Landowners and farmers, in discussion with the Alde and Ore Estuary Partnership and Trust, have decided to take enabling development off the table as a mechanism for fund-raising for flood defences in the estuary.

Enabling development would have involved donations of small parcels of land from landowners and farmers, usually outside a village boundary, which might then have been given exceptional planning permission in order to raise funds for the project.

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