29 June 2022

Revere’s ‘hugely ambitious’ plans win prominent industry award

Revere’s mission to restore nature across some of the UK’s best-loved landscapes was recognised at the prestigious Business Green Leaders Awards (BGLA) in London when the innovative venture was awarded Nature-based Project of the Year.

Bringing together the Business and Impact expertise of global positive impact company, Palladium and the ecological knowledge of National Parks UK, Revere officially launched last October but its ambitious plans have already made an impact with green industry experts.

The BGLA judges said of Revere “There were so many great projects in this category, but the judges were won over by the hugely ambitious and appropriately named Revere Project with its vision to mobilise much needed investment in protecting and restoring nature across our treasured national parks.”

In a short space of time, the team behind the project have made huge progress towards finding solutions to tackle the biodiversity crisis in the parks at the scale and pace that is needed, through the sale of ecosystem services.

“Our vision is to deliver solutions at scale that will make a real difference”

Jose Maria Ortiz, Palladium’s Director of Impact Investment, said: “Our vision is to deliver solutions at scale that will make a real difference, mobilising private investors and offtakers to restore nature in our National Parks.”

“It is critical that we restore nature quickly and at scale. The progress that we have made in a few months is a testament to the people involved – both colleagues and partners – who are committed to finding ways to tackle the climate crises. And for this to be recognised by industry peers at such an early stage of the project is extremely rewarding.”

Having already secured financial backing from major investors including Santander UK and the Estée Lauder Companies UK & Ireland, Revere is working with landowners and farmers to design nature restoration initiatives that will improve the biodiversity in the UK’s 15 National Parks.

“We’re proud to be supporting National Parks UK and Palladium with the Revere Project”

Fermin Martinez de Hurtado, Head of Sustainability and Responsible Banking, Santander UK: “As a Founding Partner for National Parks UK ‘Net Zero With Nature’ initiative we’re proud to be supporting National Parks UK and Palladium with the Revere Project, an innovative approach to expand and scale nature restoration in the UK. Many congratulations to the Revere team for winning this fantastic award!”.

From designing and implementing projects to restore huge swathes of degraded peatland that will seal off greenhouse gas emissions, to planning woodland creation models that will help sequester carbon and mitigate flood risk, this is just the beginning of Revere’s mission.

Naomi Conway, Director at National Parks Partnerships, said: “We are really proud of Revere as a shining example of what can be achieved through creative, committed collaboration. We’ve worked hard to develop a dynamic, nature-positive partnership to benefit the UK’s National Parks and it is great to have this recognised through the Business Green Leaders Award.”

The award was announced at Wednesday’s event at The Brewery in London where over 400 top business leaders joined investors, campaigners and environmental experts, including Shadow Secretary of State for Climate Change and Net Zero, Ed Miliband, to recognise the “truly inspiring” efforts of green businesses.