GOOD NEWS INDEED as the trust has learned it will now have an increase to its annual Government grant.
Added to its annual grant
It has now had a further £6.5 millions added.
The 200 years old waterway network covers roughly 2,000 miles and is used by millions of people annually for walks, bike rides, to spend time near nature and of course boating.
With the canals facing pressure from extreme weather and maintenance costs the funding will go to the Canal & River Trust (CRT) and comes in addition to the £52.6 million of annual Government funding already provided to the trust.
This investment will extend the life of critical canal assets such as canal embankments, culverts and reservoirs and reduce future repair bills. It will also enable essential works to be completed on schedule, supporting public safety and keeping waterways open and operational for boats and millions of visitors.
A vital part
Water Minister, Emma Hardy, explained:
"Our historic canals and waterways are not only world famous and precious to communities across the country—they are also a vital part of our national infrastructure, delivering environmental, social and economic benefits.
"This investment will help future-proof the Canal & River Trust’s network, ensuring it is better equipped to withstand the challenges of climate change while continuing to operate safely and reliably for the public."
Key projects include works on the Peak Forest Canal, Tame Valley Canal, and the lift bridge connecting London Docklands to the Thames.
A number of the nation’s oldest reservoirs built to feed fresh water into the canal system will benefit, improving their resilience and ensuring they continue to supply water. These include reservoirs from the industrial age that supply the Birmingham Canal Navigations, Grand Union Canal, Huddersfield Narrow Canal, Leeds & Liverpool Canal, Peak Forest Canal and Staffordshire & Worcestershire Canal.
Additional strain
Campbell Robb, Chief Executive of the Canal & River Trust, comments:
"Increased extreme weather events and rising maintenance costs have placed additional strain on the nation’s historic canal infrastructure and this funding from Government recognises the important role they are able to play in helping to build resilience.
"Although built in the industrial age, a resilient canal network is perfectly placed to help meet many of the challenges of modern society. The investment in reservoirs speaks to the potential of navigable canals to store and move water around the country for domestic supply, serving the nation by moving water from areas with excess to areas where there isn’t enough."