Peatland Finance Ireland CLG

Peatland Finance Ireland is a not-for-profit company limited by guarantee that channels funding from public and private sources to accelerate peatland restoration in Ireland. Established in 2022, it operates as a collaboration and platform bringing together stakeholders from academia, government bodies, semi-states, community groups, agriculture, and financing experts. The company aims to move beyond sole reliance on state funding by creating a financing system that blends public funding with contributions from private organisations and corporates. Its Peatland Standard for Ireland, version 1.0, measures and verifies benefits arising from restoration, including improvements to water, reductions in carbon emissions, biodiversity gains, and reductions to wildfire risk. The company serves farmers, landowners, project developers, investors, and buyers, and was founded following a 2018 review that identified an annual restoration spend of roughly €29 million against an estimated need exceeding €1.5 billion.