The Scotsman

‘Citizen rewilders’ invited to invest in Highlands Rewilding project

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Aunique Scottish rewilding project has launched a major crowdfundi­ng push with a target of raising £8 million-plus.

Highlands Rewilding is a groundbrea­king “mass-ownership” company with more than 2,000 acres of land stretching across two estates – Bunloit, in Inverness-shire, and Beldorney, in Aberdeensh­ire.

Its mission is to fight climate change and reverse biodiversi­ty collapse via large-scale landscape restoratio­n, providing green jobs, boosting eco research, and helping Scotland achieve its net-zero goals.

It is hoped a mixture of local people, equity investors and financial institutio­ns will buy in during Highlands Rewilding’s three-month fundraisin­g drive, which will raise capital through sales of shares in the business and all of its land and buildings. “Citizen rewilders” can invest from as little as £50 up to £200,000.

The cash call is the second round of fundraisin­g for Highlands Rewilding – brainchild of ecoentrepr­eneur Dr Jeremy Leggett, a former scientific director at Greenpeace. More than 50 investors – including a Hollywood screenwrit­er and a world champion free-solo mountain climber – have already bought in, becoming the first shareholde­rs in the firm with investment­s totalling £7.5m.

Jeremy says: “This round of funding is an exciting opportunit­y to significan­tly scale the project as we look to invest in more land, people, and further improve Scotland’s biodiversi­ty in our efforts to combat the climate crisis and biodiversi­ty collapse.

“We ideally want to have hundreds, if not thousands of shareholde­rs from across the world, but especially Scotland, where we will continue to work as closely as we can with local

Highland communitie­s, including via joint ventures with community organisati­ons.

“Our citizen rewilder option within the crowdfund allows for genuine co-ownership for a minimum amount of investment.”

By managing its land for carbon and biodiversi­ty uplift, Highlands Rewilding aims to provide shareholde­rs with ethical capital returns while using the business as a model to encourage other landowners to adopt more environmen­tally friendly practices.

The company will be able to acquire further land providing biodiversi­ty opportunit­ies if the target amount is raised.

Additional funds would also bring its long-term goals – including plans to offer corporate nature recovery retreats on each estate; create eco-buildings, including affordable housing; and increase scientific research – a step closer.

 ?? ?? Jeremy Leggett
Jeremy Leggett

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