Triodos Bank UK has announced its first private sector loan based on a biodiversity net gain (BNG) unit model, a landmark deal that could create a blueprint for financing nature-based solutions at scale. The loan has enabled environmental consultancy Nature Impact to purchase 70 acres of land in Rolvenden in Kent and another 52 acres in Wadhurst, East Sussex – two sites that offer huge potential to unlock underutilised and degraded farmland for BNG. The projects will see the restoration and creation of a wide range of habitats, including native…
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Triodos Bank commits to financing €500 million in nature-based solutions
Triodos Bank recently announced its commitment to provide at least EUR 500 million in investments, loans and contributions to the nature-based solutions sector by the end of 2030 as part of its biodiversity targets. This initiative underscores Triodos Bank’s dedication to addressing the urgent need for nature restoration and conservation, removal of CO2 emissions from the atmosphere and providing societal benefits. The importance of nature-based solutions Nature-based solutions involve working with nature to address societal challenges, providing benefits for human well-being, biodiversity and the climate. They encompass conservation, restoration, and…
Read MoreTriodos Bank named Global Good Finance Player of the Year
Triodos Bank has been awarded the Global Good Finance Player of the Year award at this year’s Global Good Awards for its work in making positive impact through financing progressive companies and organisations. Founded in 2015, the Global Good Awards reward businesses, NGOs, charities and social enterprises of all shapes and sizes who are paving the way for purpose-driven sustainability and ethical leadership. The Finance Player of the Year award recognises companies that have leveraged their financial power, in the form of loans, investments or other financial mechanisms, to affect…
Read MoreBevis Watts to step down during 10th year leading Triodos Bank UK
The CEO of Triodos Bank UK, Bevis Watts, has decided to step down from his position in 2025. In what will be his 10th year leading Triodos Bank UK and aligning with Board succession planning, Bevis has decided that it is the right time. He will continue to lead Triodos Bank UK until the half year point (end of June 2025) and a recruitment process for his successor is underway. Bevis steps down at a time when the UK senior management team and CEO team are strong, including a number…
Read MoreTriodos Bank tops global ranking for financing clean energy projects for eighth time
Triodos Bank has been named as the most active clean energy lead arranger for total number of deals by independent analyst Clean Energy Pipeline. The bank acted on 97 deals in 2023, with a total value of over $517 million, securing the top spot for the eighth time. The projects that Triodos Bank financed covered a broad range of clean energy generation and infrastructure projects, including traditional renewables such as onshore wind, solar and hydro, as well as battery storage, low-carbon transport and energy efficiency projects. The Clean Energy Pipeline…
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