New Water Commission Aims to Strengthen Regulation and Boost Investment
The UK's new water commission, led by Sir Jon Cunliffe, has been tasked with strengthening regulation, boosting investment, and informing further reform in the English and Welsh water sector. The commission will focus on creating an environmental enforcer that is feared, as well as exploring options for improving the regulatory setup. One potential solution is to create a whole-system regulator that sets long-term direction and provides a joined-up strategy.
The Water Commission's Challenges:
* Addressing the division of responsibilities between Ofwat, the Environment Agency, and the Drinking Water Inspectorate
* Improving environmental enforcement and accountability
* Boosting investment in the sector while ensuring fair pricing for customers