£5 billion investment to fund British nature conservation
The Environment Secretary Michael Gove has challenged water companies to increase investment and improve environmental outcomes by 2025.
The ambitious measures set out by the Environment Agency in the Water Industry National Environment Programme (WINEP) will see up to £5 billion of investment by water companies in the natural environment between 2020 and 2025.
Tackling some of the biggest challenges
This will help tackle challenges such as the spread of invasive species and low flows to the effects of chemical and nutrient pollution.
Environment Secretary, Michael Gove said: “I want water companies to invest in the long-term future of our environment. It is right that the Environment Agency is challenging water companies to go further.
“This significant investment will help tackle some of the biggest challenges facing the natural environment. It will help to improve our waterways, increase biodiversity and combat non-native invasive species.
“This will support our goal to leave the environment in a better state for future generations.
“Water companies have a duty to protect and enhance the natural water environment. The government expects water companies to meet the obligations set out in the Environment Programme (WINEP) by 2025.
The investment will:
- Protect and improve at least 6,000km of our waters;
- Protect and improve 24 bathing waters and 10 shellfish sites;
- Protect and improve 1800ha of protected nature conservation sites;
- Enhance nearly 900km of river and 4276ha through wider biodiversity improvements.
The measures in WINEP represent the basic measures required by water companies to meet their environmental outcomes.
‘One pollution incident a week’
However, this also presents an opportunity for the industry to develop innovative approaches which will benefit customers, communities, the environment and natural capital.
Environment Agency chairwoman Emma Howard Boyd said: A clean water environment keeps us healthy, sustains wildlife, and is essential to the success of the economy.
Water quality has improved in recent decades but water companies are still responsible for at least one serious pollution incident every week.
“Water companies have until later this year to submit more detailed plans to Ofwat. I’m looking forward to seeing more innovation and less pollution.”
Certain aspects of the WINEP, on an exceptional basis, will be considered for extension of the 2020-2025 timeframe if they facilitate long-term sustainable outcomes and maximise environmental benefits.
Water companies have until the end of the month to submit their case for an extension to the Environment Agency and Ofwat.