Palladium

Scaling nature-based solutions for vital action in UK National Parks through Revere.

Driving Privately Financed Nature Restoration

After five years of pioneering landscape-scale nature finance projects across the UK’s National Parks, the Revere collaboration has now concluded.

Since 2021, Revere brought together the National Parks and Palladium to develop new approaches to nature finance, demonstrating how private investment can support high-integrity nature restoration while building capability, partnerships and market confidence across the National Parks family.

Working with individual National Parks, Revere fully developed and funded the Cairngorms Peatland Restoration Project, enabled one of the UK’s largest ever upfront privately financed nature carbon deals with L&G’s investment in 500 hectares of South Downs National Park woodland and carbon credits and led development of the Windermere Water Quality Project.

Alongside project development, Revere helped shape the emerging UK nature finance sector through pilot projects, knowledge sharing, industry engagement and practical financial solutions.

The collaboration incubated new project models, partnerships and approaches at a time when UK nature markets were still emerging. It shared practical learning through reports, events and industry engagement, including the successful UK Nature Carbon, Made Clear knowledge-sharing series and roundtable.

As markets have matured, and as National Parks’ own capability has grown, it is a natural progression for this work to evolve into a broader National Parks-led programme, led by National Parks Partnerships.

Cairngorms Peatland Restoration Project: Lessons Learned Report. Download here.

Black and white logo: “REVERE” in bold caps beside a water droplet with mountain and sun inside.

Key Objectives

  • To direct finance at scale into UK nature restoration: Mobilising an unprecedented level of private finance into UK nature, both through our own efforts and by setting an example that creates a multiplier effect.
  • To see the National Parks benefit from nature restoration as a priority: Inspired by the landscape visions of the National Parks, the aim is to direct private finance into their priority nature projects.
  • To see farmers and landowners benefit from restoration activity in a way that protects their livelihoods: This is key to the development of ethical nature-based markets and to avoid driving up levels of land acquisition.

The Challenge


With an increasingly challenging public sector funding environment for the National Parks, the emergence of the voluntary carbon market and wider nature finance opportunities in the UK presented an opportunity to unlock new sources of private funding for nature restoration in the National Parks. But, to create investable natural capital projects for corporate partners and investors would require specialist knowledge and skills in project development, investment and economic modelling.

The Solution


National Parks Partnerships formed the Revere collaboration with global impact company Palladium, to scale nature-based solutions to restore landscapes across the fifteen National Parks and tackle the climate and biodiversity crises.

It combined the National Parks’ expertise which is grounded in deep local ecological and community knowledge, with Palladium’s internationally proven nature finance acumen. Revere enabled the development of novel approaches to scaling UK nature-based solutions and to delivering climate and nature action.

The Impact


  • Multiple pilot nature-based solution projects across the National Parks.
  • Partnerships and innovation funding with The Estée Lauder Companies UK & Ireland, Santander UK and L&G.
  • The development of a pipeline of nature-based solution projects.
  • Investment-ready nature restoration projects, such as the South Downs Woodland Carbon Project and Cairngorms Peatland Restoration Project.
  • Thought leadership and learnings to help catalyse the wider market, for example project learnings and working with Forest Research to pilot a voluntary Woodland Water Code.
  • Award winning: won Best Sustainable Investment Natural Capital Initiative award at the 2022 Sustainability Investment Awards, and Nature-based Project of the Year at the 2022 Business Green Leaders Awards.

 

 

Partner Perspectives


The biodiversity and climate crises mean that radical collaborations are needed to find scalable solutions. The Revere collaboration enables both Palladium and the National Parks to explore more together than they can do apart. By driving innovation and finding ways to overcome barriers to securing private finance for nature restoration, I believe Revere is a partnership that is delivering real impact.
Naomi Conway, UK Director of Nature, Palladium

Partner Details


Palladium is a global impact company that works with governments, businesses and investors to solve the world’s most pressing challenges across health, sustainability, employability and humanitarian relief.

Palladium is a leading global catalyst for transformative, people-centric nature-based solutions. Palladium’s UK Natural Capital team works with investors, project developers and companies to increase the flow of private finance into nature. Combining their global natural capital knowledge with UK experience, their expertise drives landscape-scale climate and biodiversity action.

Start a Partnership Conversation

National Parks Partnership works with leading organisations to deliver nature recovery, social impact and climate action at national scale.

Through a partnerships spanning a few to all fifteen UK National Parks, we help businesses move from ambition to demonstrating real and measurable impact.

Whether you are exploring your first partnership, or looking to deepen existing commitments as part of a wider partnerships portfolio, our team will work with you to shape a partnership aligned to your organisation’s goals, governance and reporting needs.

Share a few details below and a member of our team will be in touch to discuss partnership opportunities across the UK National Parks.

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Partnering with the National Parks brings our technology together with on-the-ground initiatives to make a real impact.

Importantly, our research not only shows that people want to engage more with nature, but that they expect businesses to play their part too, so we are proud to help meet that challenge.

Nicki Lyons, Chief Corporate Affairs & Sustainability Officer, VodafoneThree