Ofwat has brought forward 33 schemes from 2025-30, to be commenced over the next two financial years, valued at £2.2bn, up from the £1.6bn consulted on in April. The additional £600 million will deliver: Ten schemes worth close to £1.7bn to reduce overflow spills by around 10,000 per year. The installation of 462,000 smart meters […]

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A total investment in nature of USD 8.1 trillion is required between now and 2050 – while annual investment should reach USD 536 billion annually by 2050 – in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the State of Finance for Nature report. The report finds that annual investments in […]

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Ofwat has revealed that water and wastewater companies are falling behind on their investment plans, leaving promised service improvements behind schedule or undelivered. Ofwat, as part of the price review process, sets allowances for how much companies can invest over the price control period, to maintain and improve its water network. Between 2020 and 2022 […]

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