Utilities giant South West Water has committed almost £10m to helping offset the impact of future housing development on two rivers just months after the Environment Agency found it had missed pollution targets for the 10th year running.
The Exeter-based company, part of Pennon Group, will now splash the cash on the Rivers Axe and Camel catchments. It includes £5.3m of investment which has been already delivered and a further £4.5m which is a combination of accelerated spending, alongside new investment to support “nature-based solutions” which aim to reduce nutrient pollution in the area.
The company said that while development unlocks jobs and homes, it also has an environmental impact that the nature-based solutions it will deliver through this funding will support more sustainable development to progress.
