Measuring Ofwat’s Impact presents an assessment of the benefits that the organisation generates as the economic regulator of the water sector. The report finds that Ofwat delivers customer benefits worth at least £1.13bn a year, against an average annual budget of around £30m. it focuses on three of its key work areas: the price review, casework […]
Water, the world’s most precious yet undervalued resource, lies at the heart of a mounting global crisis that threatens both human and planetary health, warns a new report, published this week by WWF. Released on World Food Day (16 October), The High Cost of Cheap Water uncovers a stark reality: the annual economic value of […]
Interesting article on deal brokered between federal government and abstractors from Colorado River, under which the federal government will pay their irrigation districts, Native American tribes and cities $521 for each acre-foot (around 1.5 megalitres) of water they don’t use. Link to full article For the first time in this drought-stricken century, a new price […]
Valuing Nature: The Case for Nature-Related Assessment & Disclosure – Capitals Coalition The connection between nature and business is foundational, with economic activity of all kinds dependent on the value we receive from the natural world. This report by the SustainAbility Institute by ERM and the Capitals Coalition, addresses challenges facing companies in the complex and […]
From Ofwat In December 2020 we published a discussion paper on public value to which we received a number of helpful responses. This paper sets out the key themes from the responses. We provide our reflections on the points made and how we might build on this to support the delivery of further social and […]
Monday was World Water Day, the theme of which was valuing water. The UN Secretary-General’s Message On World Water Day This year’s World Water Day, with the theme “Valuing water”, asks: What does water mean to me? The value of water is profound and complex. There is no aspect of sustainable development that does not […]
The Value of Restored UK Seas: WWF ‘As an island nation, the UK’s seas are part of our identify and our culture. Their natural beauty and amazing wildlife are a source of wonder, inspiration, recreation and wellbeing for millions. They also have huge economic value: the UK government estimates that maritime activities including tourism, shipping, […]
Gordon Watson ‘Our paper, “Assessing the natural capital value of water quality and climate regulation in temperate marine systems using a EUNIS biotope classification approach “ recently published in Science of the Total Environment has shown temperate intertidal and subtidal sediment systems to be some of the most valuable biotopes in terms of sequestering nitrogen, […]