Lloyds Banking Group has announced a strategic partnership with Projects for Nature to upgrade the protection and restoration of England’s natural environment. Projects for Nature, launched by the Secretary of State for Defra at COP28 in December 2023, connects companies with nature recovery projects that have been screened by Defra, Natural England, and the Environment Agency.
This partnership is the first of its kind, and as a founding business partner, Lloyds Banking Group has donated £250,000 split between three nature recovery projects.
The projects are designed to address national nature recovery priorities and spearhead efforts to secure wider societal benefits for Britain’s communities.
Lloyds Banking Group will also be able to gather learnings about both the commercial risk management and environmental benefits of nature-based solutions, including flood risk management and regenerative agriculture to support the Group’s long-term nature strategy and its own biodiversity gain with customers and clients.
Local landowners and experts will play a key role in delivering the projects, to help ensure outcomes for communities are at the heart of the partnership’s efforts, which are;
- Weald to Waves. The creation of a 100-mile nature recovery corridor, connecting over 20,000ha of habitats along 3 main rivers in Sussex to the coast
- Resilient Glenderamackin. A project in Cumbria aims to deliver nature-based solutions to reduce flood risk, restore nature and mitigate climate change
- Nature Recovery at Dalehead. The National Trust are working with partners and tenant farmers in the High Peak to establish more trees, healthy peatlands, and thriving wetlands and grasslands
