A NEW report has warned that the east of England is likely to face severe water shortages over the next 20 years.
The problems stem from significant changes in rainfall patterns, a steadily increasing population and the growing impact of climate change.
These factors are likely to lead to increased energy prices and create additional operating and financial challenges for utilities and energy-intensive businesses in the region.
The study was carried out by financial services experts Standard & Poor’s in conjunction with Trucost, an environmental data organisation, and the Global Sustainability Institute at Anglia Ruskin University.
Anglia Ruskin’s Dr Aled Jones said: “The importance of utility companies working in partnership with local authorities, government agencies and developers is underpinned by this research.
“The joint challenge of water scarcity and coastal flooding requires an integrated approach by all stakeholders to ensure consumers are protected as much as possible from these twin challenges.”
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