DEFRA unveils £50m woodland creation scheme

The government will provide £50m for landowners in England to create new woodland as a way of tackling climate change and biodiversity loss.

DEFRA and the Forestry Commission launched on Monday a fund that will allow landowners to sell ‘woodland carbon units’ to the government for a fixed price or on the open market over a 35-year period. 

Sir Harry Studholme, chair of the Forestry Commission, said in a statement that the government-backed woodland carbon price should “give confidence to landowners and investors, and encourage the planting of the right kind of trees at a viable scale”. 

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