Up to 1,800 hectares of degraded peatland will be restored as part of the Glen Dye Moor project.
This will result in a reduction in emissions totalling 650,000 tonnes of CO2 from peatland restoration over the life of the project.
Peatland carbon predictions and outputs will be validated and continuously verified in accordance with the Peatland Carbon Code.
Peatland restoration works are expected to commence on site in 2023 after the bird nesting season has passed. Given the overall scale of the potential restoration area, it is anticipated that the initial works will take many years to complete.
Investment in natural capital is a subject of continuous debate and the Scottish Government has recently published its Interim Principles on Responsible Investment in Natural Capital.
We support these principles, are currently engaging with the Scottish Land Commission to understand how best we can implement them and the Glen Dye Moor project will accord with the provisions set out by government.
Par Equity is an experienced investor in woodland creation, operating three other forestry investment vehicles.
Investment
Investment in natural capital is a subject of continuous debate and the Scottish Government has recently published its Interim Principles on Responsible Investment in Natural Capital.
We support these principles, are currently engaging with the Scottish Land Commission to understand how best we can implement them and the Glen Dye Moor project will accord with the provisions set out by government.
Par Equity is an experienced investor in the natural environment, operating three other forestry investment vehicles.
Aviva Investors’ climate transition strategy targets opportunities which are helping to accelerate, and benefit from, the transition to a low-carbon economy, such as, solar, on-shore wind and the active decarbonisation of inefficient real estate assets. It is also one of the first to target direct investments in nature-based solutions