AFC and WNPS PLANT in Conservation Partnership
View(s):A new chapter in Sri Lanka’s forest restoration journey begins with a landmark partnership between Alliance Finance Company PLC (AFC) and Preserving Land and Nature (Guarantee) Ltd (PLANT). Formalised through a recent MoU, this multi-year collaboration integrates sustainability into AFC’s core products, supports the planting of 100,000 trees across PLANT sites, and initiates community programs near restoration areas. The first engagement unfolds at Radella Estate in Nuwara Eliya, managed by Talawakelle Tea Estates PLC, where AFC will help establish a forest corridor- part of a 13 km stretch being developed by WNPS PLANT with multiple partners, WNPS said in a media release.
This initiative unites finance and conservation in a shared mission to restore native forests, enhance climate resilience, and deliver lasting benefits to local communities. AFC will fund the initial phase and aims to scale efforts over five years, combining ecological recovery with community development, nature education, and inclusive financial strategies to create a replicable model for sustainable restoration.
Radella Estate, bordered by the Nanu Oya stream and dominated by invasive grasslands, is part of PLANT’s Emerald Trails Initiative, an effort to reconnect fragmented habitats in Sri Lanka’s biodiversity-rich southwest. Restoration will focus on planting native pioneer species to stabilise stream banks, improve microclimates, and boost biodiversity. Crucially, the project models how ecological restoration can align with community stewardship and climate adaptation, aiming to link restored areas with the Great Western mountain reserve, home to many threatened species.
“This partnership shows what can happen when stewardship replaces sponsorship,” said Sriyan de Silva Wijeyeratne, Chairman of PLANT. “Alliance Finance is not just funding a project; they are investing in a living, breathing system.”
Alliance Finance Company PLC (AFC), a pioneer in responsible finance and the first Sri Lankan finance company to commit to the UN’s Principles for Responsible Banking, brings more than capital to the table. Through this partnership, AFC is helping shape a new model of conservation- one that integrates environmental regeneration with long-term social and economic resilience. “At Alliance Finance, we believe sustainability means uplifting communities while restoring ecosystems,” said Romani De Silva, the Deputy Chairman and Managing Director of AFC.
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