Chronic water scarcity, hydrological uncertainty, and extreme weather events (floods and droughts) are perceived as some of the biggest threats to global prosperity and stability. With water intersecting with all sections of society and industry, water security is therefore a major challenge for both governments and organisations. Environment and sustainability professionals play a key in resolving this crisis by supporting the application of circular economy principles to water management. Through its guidance, member workshops and webinars, IEMA is actively supporting the creation of institutional tools (i.e. legal and regulatory frameworks, water pricing, and incentives), technologies and information systems that will help environment and sustainability professional to better allocate, monitor and conserve water resources, creating additional value for organisations by application of circular economy principles.
The UK's National Drought Group (NDG) has this week agreed measures to manage the current drought and minimise risks for next year, with businesses now facing a “new normal” for water.
Investors managing $9.8trn (£8trn) in assets have joined a new campaign urging 72 of the world’s biggest corporate water users and polluters to value and act on water as a financial risk.
The Environment Agency has successfully prosecuted Southern Water for thousands of illegal raw sewage discharges that polluted rivers and coastal waters in Kent, resulting in a record £90m fine.
In Elliott-Smith v Secretary of State for Business, Energy and Industrial Strategy, the claimant applied for judicial review of the legality of the defendants’ joint decision to create the UK Emissions Trading Scheme (UK ETS) as a substitute for UK participation in the EU Emissions Trading Scheme (EU ETS).