Alliance Finance and WNPS PLANT forge long term conservation partnership

A new chapter in Sri Lanka’s forest restoration journey began with a landmark partnership between Alliance Finance Company PLC (AFC) and Preserving Land and Nature (Guarantee) Limited (PLANT), a news release from the Wildlife and Nature Protection Society (WNPS) said last week.

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Formalized through a recent MoU, this multiyear 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.

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: From Degraded Grassland to Living Forest

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 stabilize stream banks, improve microclimates, and boost biodiversity.