Thames Water has signed a £1.4 billion, five year Revolving Credit Facility with the interest rate tied to sustainability performance - outperforming an Environment, Social and Governance (ESG) benchmark will result in a lower interest rate.
Defra has launched a new consultation on plans which would see developers required to deliver a ‘biodiversity net gain’ when building new housing or commercial development.
A new global survey shows that Britain’s water supply and sewerage infrastructure is rated higher by people living in the UK than all other sectors apart from airports, according to Water UK.
The Committee on Climate Change (CCC) , the UK Government’s independent adviser on climate change, is warning that the current approach to coastal flooding and erosion is “not fit for purpose.”
A range of future finance options, should be considered by the government and industry to ensure a strong future for the sector, according to a new report from the Institution of Civil Engineers (ICE).
Balfour Beatty, the international infrastructure group, has announced that it has been appointed as the sole contractor to Scape Group’s second generation civil engineering frameworks, valued at a combined total of up to £2.1 billion revenue.
Over 2,000 engineers and policymakers from more than 150 countries are due to meet in London shortly to agree a worldwide response to deliver the UN Sustainable Development Goals (SDGs), including action on clean water and sanitation.
The Environment Agency is progressing with its plans for the Exmouth tidal defence scheme – the Agency is currently meeting landowners and residents believed to be most affected by the project.
Jeremy Corbyn has criticised the private water companies for running a ‘crumbling’ system and reiterated the Labour Party’s intention to bring them back into public ownership.
Water and waste company Severn Trent has announced its plans for the five years from 2020 to 2025, including plans for lower bills, a £6.6 billion investment spend, new commitments to cut sewer flooding and leakage, more help for customers and for a new community dividend.