Smart Water business intelligence week 10/02/2025
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Market
The European Commission has published its Competitiveness Compass, a strategic initiative to strengthen Europe’s economic strength, sustainability and competitiveness. Building on the Draghi report, the initiative sets out key priorities to foster innovation, economic resilience and sustainability across the EU:
European commission unveils competitiveness compass with a strong focus on water resilience
Technology
Scientists at the University of Manchester have developed a new material that could help reduce water pollution caused by harmful chemicals, such as those from medicines and hygiene products, that end up in rivers and lakes:
Manchester scientists develop molecular trap to clean pollution from water
Regulation
By 2024, water-related disasters will have killed at least 8,700 people, displaced 40 million people and caused more than $550 billion in economic losses, according to The Guardian. Experts predict that 2025 could be even worse. So a climate policy that doesn’t include water is an incomplete policy:
As Water Disasters Increase, How do We Impact Climate Policy?
Financing
The UK Environment Agency, working closely with Natural England, has secured the largest commitment from water companies to clean up the environment and invest in new infrastructure since privatisation. The National Water Sector Environment Programme (WINEP) sets out more than 24,000 actions that water companies must take over the next five years to meet their statutory environmental obligations. This series of targeted interventions represents an investment of £22.1 billion in the environment, four times more than was secured in the last price review, and will deliver tangible benefits to the water system and customers:
England’s Environment Agency secures record commitments from water sector