Saturday Sep 06, 2025
Saturday Sep 06, 2025
Friday, 1 August 2025 00:00 - - {{hitsCtrl.values.hits}}
DB Team at Budunwela
Deutsche Bank has partnered with Preserving Land and Nature (Guarantee) Ltd., (PLANT) to support the restoration of the Budunwela Forest Corridor in Sri Lanka—an ecologically significant area devastated by fire in 2024 and long threatened by illegal gem mining and poaching.
Located in Sri Lanka’s intermediate zone, the 24-acre Budunwela site serves as a vital ecological bridge between a government forest reserve and the rural village of Uva Kosgama. The project is transforming the corridor into a thriving habitat for native wildlife, while integrating community-led conservation practices.
The partnership commenced in September 2024, aligning Deutsche Bank’s corporate social responsibility environment pillar with PLANT’s scientific restoration expertise. Since then, over 1,000 native trees—across 38 species—have been planted, with significant contributions from Deutsche Bank staff during a December 2024, volunteer initiative.
“This initiative reflects Deutsche Bank’s commitment to sustainability through environmental restoration and community empowerment,” said Deutsche Bank Sri Lanka Chief Country Officer and Head of Global Emerging Markets Niranjan C. Figurado. “By supporting community-led reforestation, we are helping build long-term ecological and economic resilience.”
A key aspect of the initiative is a community-run native plant nursery, established with support from Deutsche Bank. The nursery supplies saplings for reforestation while offering alternative livelihoods to local families. All planting activities are carried out by residents, reinforcing a strong sense of stewardship.
Biodiversity monitoring through camera traps has recently recorded the return of key species such as leopards, elephants, pangolins, chevrotains, golden palm civets, and sambars. A scientific rapid biodiversity assessment has documented 128 species of flowering plants and 152 vertebrates and butterflies—34 endemic and 18 nationally threatened—underscoring the site’s ecological value.
“Restoration is a long-term commitment, but we are already seeing nature’s resilience,” said PLANT Prof. Enoka Kudavidanage. “With continued support, this corridor can once again serve as a safe passage for wildlife and a model for community-integrated conservation.”
As the project enters its second year, plans include expanding the restoration footprint, deepening community engagement, and continuing biodiversity recovery efforts. The collaboration between Deutsche Bank and PLANT offers a scalable model for corporate–conservation partnerships in Sri Lanka and beyond.
