Peatlands store twice as much carbon as all the world’s forests. Scotland is endowed with vast areas of these wetland ecosystems. An estimated 20% of the Scottish landscape is covered in peat soils, but 80% of these are degraded and instead release stored carbon into the atmosphere.
The Scottish government estimates that the carbon stored in its peatlands is equivalent to 120 years’ worth of the country’s emissions. Keeping it locked away is essential for moderating the climate crisis.
TL;DR because the title is quite clickbaity (although the article has good content):
They link to a guide for crofters, one thing I note from the “executive summary” (which is far too long) is that the private funding method is the most risky - of course no one’s going to invest in a high risk scenario. The main investment seems to be being made in buying land that has poor peat, as it’s the land owner that seems to get most of the rewards.