Impax Environmental Markets PLC Update from Impax Environmental Markets
12 Giugno 2024 - 12:20PM
RNS Non-Regulatory
RNS Number : 1666S
Impax Environmental Markets PLC
12 June 2024
Impax Environmental Markets looks at addressing
PFAS - Solutions to the forever challenge
Impax believes the
urgent need to detect, treat and destroy 'forever chemicals' in the
world's water is creating investment opportunities that are broader
and more valuable than many appreciate
Executive summary
Understanding of the potentially grave and
lasting threats to public health and biodiversity posed by 'forever
chemicals' is driving public pressure, regulation and litigation to
reduce levels of PFAS in drinking water, rivers and
seas.
Technologies that enable the detection,
treatment and disposal of PFAS are evolving, with advanced
solutions established in water testing and treatment
processes.
Government regulation and rising investment in
solutions are creating multi-decade opportunities for companies
whose innovative products and services can address the PFAS
challenge.
Water quality issues only occasionally bubble
to the surface of public debate. Yet where they pose systemic risks
to biodiversity and human health - and, by extension, the global
economy - they can no longer be overlooked.
Governments and regulators are increasingly
paying attention to per- and polyfluoroalkyl substances (PFAS), a
family of thousands of synthetic organic chemicals that have been
widely used since the 1940s. These 'forever chemicals' have an
extremely broad spectrum of applications: from non-stick pans to
fire resistant foams, and from pesticides to sportswear. Yet the
chemical properties that make them so useful - their high stability
and resistance to oil and water - mean they are extremely resistant
to degradation.
The health risks associated with PFAS now drive
a wave of regulation and litigation that is restricting their
future use and setting targets for much lower levels in public
drinking water. It is estimated that confronting the PFAS issue
will involve more than US$250bn in spending globally. We see this
already creating a tide of opportunities for companies whose
products and services can detect forever chemicals, remove them
from treated water and safely dispose of them.
Read the rest of this article here <https://impaxenvironmentalmarkets.co.uk/news-and-views/blog/addressing-pfas-solutions-to-the-forever-challenge/>
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