Aviva: Donates £38 million to UK forest restoration

Aviva: Donates £38 million to UK forest restoration

  • Aviva announces a £38 million donation to restore Britain’s lost temperate rainforests in the UK
  • Believes this is one of the most effective nature-based interventions to help remove carbon dioxide from the atmosphere
  • The restored rainforests will also provide a positive contribution to the nature and biodiversity crisis
  • Native to the British Isles, the temperate rainforest is an incredibly rare and biodiverse habitat that once stretched from Cornwall
  • The project sees partner with The Wildlife Trusts, a federation of 46 local Wildlife Trusts
  • It aims to re-establish temperate rainforest by planting a combination of native tree species including oak
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...