A new source of funding to boost the number of British woodlands and meet carbon targets
This piece of funding information might appeal to some of our clients in rural areas – news of a new fund which opened in November 2016 to encourage landowners to plant millions of trees.
The Woodland Carbon Fund has been set up by the Forestry Commission England to increase the creation of new woodlands in order to reach the government’s future carbon targets.
This scheme has been introduced as a result of demand, and of course there are other benefits to taking this natural capital approach, and a whole range of wider environmental outcomes, some of which include:
– contributing to future carbon budgets;
– providing improved public/community access to woodlands;
– acting as a pathfinder for large scale woodland creation; and
– encouraging partnership approached and landscape-scale projects.
Successful grants will be awarded where applicants intend to plant multipurpose woodlands which are over 30 ha in size (minimum block size of 10 ha), are mostly productive woodland, and where plans are demonstrated to improve access for the public and support other environmental purposes, in line with the UK Forestry Standard.
The value of grants will be between £6,800 and £8,500 per hectare depending on the site’s location, with the higher rate available where there is an access need and permissive access is granted. Additional financial support is available towards the installation of infrastructure such as footpaths which will improve public access and therefore support recreation.
You can find out more and apply for the fund from the Forestry Commission England website at www.forestry.gov.uk
Here at Jones Harris we act for well over 1000 clients in a number of sectors and geographical areas, and we aim to share useful information like this when we come across it. If you’re not already a client and you’d like to find out more about how we can help your business to thrive, why don’t you get in touch for a no-obligation chat?
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