20 Mar 2024
In a letter to the Defra Secretary, the Environment, Food and Rural Affairs (EFRA) Committee argues that green spaces should be a much higher priority, and calls for reforms and greater Government leadership to encourage more investment into and facilitation of green infrastructure. Read the letter published today Inquiry: Urban Green Spaces Environment, Food and […]
13 Mar 2024
The government has announced that fast-tracked investment of £180m over the next 12 months is expected to prevent more than 8,000 sewage spills polluting English waterways. According to Defra, it follows the Secretary of State directing water and sewage companies last December to measurably reduce sewage spills over the next year by accelerating commitments and delivering new […]
07 Feb 2024
A blog by Alex Plant, Scottish Water Chief Executive Officer The amount customers pay to keep Scotland’s water cycle flowing is increasing. It’s going up because the climate we rely on for the water needs of our nation is affecting every aspect of our services, and we must do more to maintain and replace our […]
10 Jan 2024
Reported by the BBC One of the biggest investors in Thames Water has slashed the value of its stake in the debt-laden utility by almost two-thirds, weeks after the company admitted that it does not have enough money to make its debt repayments. A fund controlled by Thames Water’s second largest investor, the University Superannuation […]
13 Dec 2023
The National Drought Group has reiterated the importance of sectors continuing to plan and invest for all weather events, despite third wettest autumn this century. Drought experts have highlighted the need to continue investing and preparing for droughts to ensure England is in the best possible position to deal with extreme weather events and a […]
05 Oct 2023
Water company business plans have been submitted to Ofwat. The five-year plans cover the period 2025 to 2030 and collectively amount to £96 billion of proposed investment, an 88% increase on the previous five years. According to the sector body Water UK, the investment “will secure water supplies against the rising prevalence of drought, ensure […]
05 Jul 2023
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 […]
21 Jun 2023
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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