Zulu Ecosystems and Severn Trent Water secure Innovate UK funding to pioneer catchment-scale Nature-based Solutions [Yahoo! Finance]
SEVERN TRENT PLC SPON/ADR (STRNY)
NASDAQ:AMEX Investor Relations:
severntrent.com/investors/overview
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Source: Yahoo! Finance
LONDON Sept. 18, 2024 Torne River catchment. The Idle and Torne catchment, identified as a priority catchment by the Environment Agency, faces significant challenges including drought risk, flood vulnerability, and water quality issues. Approximately 60% of water bodies in the catchment currently fail to meet good ecological status. However, the area also presents substantial opportunities for nature recovery, with potential to restore over 5,000 hectares of priority habitats and significantly improve water resources management. This innovative partnership will leverage Zulu Ecosystems' cutting-edge natural capital assessment capabilities and Severn Trent Water's expertise in water management to create a scalable approach for funding and delivering nature-based solutions. The project will focus on interventions such as woodland creation, wetland restoration, and riparian woodland to address the catchment's pressing environmental challenges. The project will engage local stakehold
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