Rewilding Europe’s innovative enterprise funding facility is showcased in a new publication on how conservation organisations and their partners can mobilise private investment.
Tag: Bank on Nature
A loan from Rewilding Europe Capital (REC) enabled Finland-based Snowchange Cooperative to purchase the 110-hectare Linnunsuo wetland area in April. Situated in Finnish North Karelia, the wetland was bought from Vapo, the leading developer of bioenergy in Finland and the world’s leading peat industry business, after a year of negotiation. This groundbreaking loan is the first provided by REC to a member of the European Rewilding Network (ERN).
Today we are delighted to announce that the European Investment Bank has provided Rewilding Europe Capital with a 6 million euro loan finance contract. This represents the first project of the “Bank on Nature Initiative”, set up by the European Commission. The signing ceremony took place in the Berlaymont Building, headquarters of the European Commission in Brussels.