Asset manager Invesco UK and Wildfowl & Wetlands Trust (WWT) have launched a partnership to support conservation and restoration of UK wetlands.
Starting in the summer, Invesco UK said it will contribute towards WWT’s “critical mapping” work to identify the best locations in the UK for wetland creation and restoration, alongside research and wetland management projects.
The firm will also be the first investment company to donate to the Blue Recovery Fund, which WWT launched in 2020. The fund aims to create and restore 100,000 hectares of wetlands across the UK by 2050.
Wetlands store a “prolific amount” of carbon, said the firm, and they reduce flood risk and help to increase biodiversity.
Combined, coastal wetlands, including saltmarsh and mangrove, store more carbon than all the world’s forests, yet they are being lost three times faster, according to Invesco, and the UK has lost almost 90% of its wetlands since the 1800s.
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