MPs on the Environmental Audit Committee are set to explore whether the Government appreciates the true cost of flooding in a live evidence session this afternoon as part of its ongoing inquiry into flood resilience in England.

The Department for Environment, Food & Rural Affairs,has launched a new consultation on proposals to accelerate the construction of flood schemes and protect thousands of homes and businesses in cities and rural areas from the risks of flooding.

Dr Jo Nettleton, Chief Regulator at the Environment Agency who took up the role in April 2024, is warning that without continued investment and transformation for the Environment Agency, "further improvements to the customer experience will be limited."

A new report from the UN is warning that people forced to flee war, violence and persecution are increasingly finding themselves on the front line of the global climate crisis, exposing them to a lethal combination of threats but without the funding and support to adapt.

Thames Water has today announced a proposed transaction to extend its liquidity runway which includes up to £3 billion of new money in addition to access to cash reserves and debt extensions. Under the terms of the transaction, Thames will have the opportunity to obtain up to £3 billion super senior funding.

Ofwat has announced proposals which, following a short consultation, would allow Southern Water to further accelerate its work in driving down the use of storm overflows, enabling an ambitious two-year programme to expand its nature-based and engineering solutions.

Spring, the UK water sector’s innovation centre of excellence, is collaborating with Microsoft and Impact X on a new initiative to make tools and funding available for start-ups to accelerate their companies.

Following a recent meeting of water industry CEOs, hosted by new Secretary of State for Environment, Food and Rural Affairs, Ranil Jayawardena, Southern Water has written to the Minister setting its improvement progress and plans to government.

Entries for the third round of Ofwat’s Water Breakthrough Challenge are now open, offering up to £38 million in funding to incentivise innovation in the water sector.

Ofwat has published new guidance setting out its expectation for water companies in England and Wales to deliver all projects worth £200 million-plus via Direct Procurement for Customers (DPC) in their business plans for the 2024 Price Review.