Hello $@chin, I can see a similar question was answered on the MS QnA forum. Kindly check that once. Both plans can be enabled within a subscription and are billed separately based on the resources they protect. Enabling both does not result in double charges; instead, you pay for each service individually according to its pricing model.
CSPM: Focuses on identifying misconfigurations, compliance risks, and security posture weaknesses across cloud environments as rightly mentioned by Marcin. It offers security assessments and recommendations but does not provide runtime protection.
CWP: Provides runtime protection for workloads such as VMs, containers, AKS clusters, databases, and more. It includes threat detection, vulnerability assessments, and attack prevention for specific resources.
Regarding the issue of security posture showing "no risk calculated" or "not evaluated," as Marcin has correctly highlighted that this is likely because CSPM is not enabled. CSPM is responsible for assessing security posture; without it, these evaluations won't occur. To address this, you should enable the CSPM Defender Plan in addition to CWP.
Hope the suggestions and the QnA link provided were helpful. Thank you.