National Parks UK and Santander UK announce expansion of partnership for nature restoration

National Parks UK and Santander UK announce expansion of partnership for nature restoration - National Parks UK

Santander UK announce a growth in their partnership to support the restoration of nature across some of the country’s most-loved landscapes with second project being delivered through their partnership with National Parks UK
The bank will support the development of an innovative nature financing platform in the Lake District National Park
First Santander UK funded project supported restoration of 200 hectares of peatland in Cairngorms National Park.

green grass field near lake windermere under bright blue skies — Fishgarths looking across to Lake Windermere, one the lakes helped in phase one.(photo Jonny Gios)

National Parks UK and Santander UK announce a growth in their partnership to support the restoration of nature across some of the country’s most-loved landscapes.

Santander UK will support the development of an innovative nature financing platform in the Lake District National Park designed through Revere, a collaboration between the National Parks Partnerships and global impact firm Palladium.

The platform, developed together with local landowners and the National Park Authority, will secure investment to fund the creation of nature-based solutions that are designed to improve water quality in lakes and rivers, enhance biodiversity and build natural climate resistance. The solutions will include wetland creation to slow water flows and woodland planting in high impact locations such as along riverbanks.

The first phase of Revere’s work in the Lake District was funded by Estée Lauder Companies UK & Ireland and resulted in the identification of over 400 hectares of riparian woodland and wetland creation opportunities across the Lake Windermere catchment that would reduce the amount phosphorus pollution entering the lake. The funding also led to the creation of a financial model to assess options for funding the wetland and woodland sites. Santander UK is picking up the baton to enable phase two of the nature financing platform design work.