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The Velebit Mountain has been selected by The European Commission to receive natural capital financing

The Velebit Mountain has been selected by The European Commission to receive natural capital financing The Velebit is one of the lucky seven!

Croatia’s largest mountain range, The Velebit has been selected by The European Commission to receive natural capital financing.

The Commission chose seven natural environments in Europe which will receive funding for restoration and protection, and our Velebit is one of the lucky seven.

This is the first loan agreement backed by Natural Capital Financing Facility signed in Brussels as it supports nature and climate adaptation projects through tailored loans and investments, supported by an EU guarantee.

The agreement will see Rewilding Europe Capital receive a 6 million Euro loan to provide support for over 30 businesses across Europe, focused on restoring and protecting natural areas.

 

Did you know: The Velebit is the largest mountain range in Croatia with it’s highest peak at 1757m named the Vaganski Vrh.

 

The range forms a part of the Dinaric Alps and is located on the Adriatic coast, separating it from Lika in the interior. Velebit begins in the northwest near Senj with the Vratnik mountain pass and ends 145 km to the southeast near the source of the Zrmanja river northwest of Knin.

Favorite spots on Velebit include the Paklenica National Park which is just a short drive from Zadar.

The other area in Portugal, Italy, Romania, Romania, Bulgaria, Germany/Poland & finally Sweden.