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Ofwat to double Innovation Fund as it eyes schemes with other sectors

Ofwat to double Innovation Fund as it eyes schemes with other sectors

Ofwat has announced plans to double the size of its Innovation Fund to £400 million. The regulator is seeking feedback on its plans for increased innovation between 2025 and 2030. It includes proposals to ringfence £40 million for cross-sector schemes which look to tackle shared problems such as climate change resilience, net zero, supporting customers, and the environment.

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