Wildlife and Nature Protection Society (WNPS) is pleased to sign their inaugural Memorandum of Understanding (MOU), under the PLANT Guarantee Company.
PLANT - WNPS’ Preserving Land and Nature Trust, was set up with the aim of acquiring privately owned lands for the purpose of conservation (outright or on a long-term lease) and to collect funds through the Trust, to purchase lands for the purpose of conservation. Sustainable forest-grown Ceylon tea brand Kaley Teas will be partnering with WNPS on this ground-breaking PLANT initiative.
In a time of rapid development and increasing demand for resources such as now, land conservation and reforestation play an important role in safeguarding wildlife habitats. Protecting unharmed forests is also among the most efficient and cost-effective ways to combat climate change. The PLANT (Preserving Land and Nature Trust) strategy is to acquire as many acres of private land as possible for conservation purposes under a Single Purpose Vehicle (either through lease or outright donation of land and by collecting funds under the Trust for purchasing of land).
Acquiring private land for the purpose of biodiversity conservation is not a new concept and is practiced globally with a lot of success. The aim of the vehicle is to increase the land extent available for conservation, as remaining habitats are being eroded by unplanned development and unsustainable agricultural practices that cause grave and unprecedented threat to both forest cover and wildlife.
