There are immense ESG benefits to establishing forestry

There are immense ESG benefits to establishing forestry

Establish an Irish Forest

Ireland is an extremely attractive region for establishing and maturing forestry. With strong growth rates, a supportive grant and premium structure as well as favourable tax treatment, the temperate climate enhances growth, thus it is an ideal location for afforestation. Your local Green Belt forester will provide the expert advice you need.

Establishing a forest is a significant commitment and one we realise is not taken lightly. Therefore, we appreciate and value your trust in our expertise to establish and maintain your forest to its full potential.

Green Belt operates a 4 year management contract specifically designed for farmers and landowners who wish to plant a new forest. This contract relieves the owner of all the risks in establishing the plantation. The forest is established by Green Belt under the grant scheme administered by the Forest Service.

The annual premium is available for the forest owner for 15 years, and valued at €680 per hectare depending on the species selected - important to remember 'the right tree in the right place.' Green Belt works with the forest owners (you!) throughout the lifecycle of the plantation and we advise on all aspects of forestry management. Our focus is on managing the plantation to fulfill its potential - for some it's financial, for others it's an amenity. Regardless, each forest is important and adds so much to the local community and the private estate in Ireland.

Forestry Earnings

Earnings from forestry qualifies for relief under the 'Occupation of Woodlands' tax structure. It is essential for Ireland to establish much more forestry than its current level. Today it stands at 11% with a target of 18% by 2025 required for Ireland to offset some of the climate change conditions Ireland has committed to. Many believe that forestry is one of the strongest tools Ireland possesses to combat this change, particularly from a national perspective.

The Native Woodland Scheme is further encouraged with the support of the woodland environmental fund. This fund will add €1,000 per hectare to the land owner from a support company, interested in having an association with the benefits from the forest (but not owning the forest, trees or land). Contact your local forester to discuss the options available to you.

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Forestry as an investment

** Green Belt is actively promoting the further development of the private forestry estate. There are numerous options to avail of to generate an income from forestry. * Traditional commercial forestry has been practiced for many years. The growth rates (yield) in Ireland are outstanding and it delivers an excellent crop which is utilised locally in one of the countries 8 large sawmills. * Short Rotation Coppicing is grant aided and avails of the 15 year premium payments. This is a shorter term investment and offers a hardwood solution in a softwood timeframe. * Native Woodlands are being established across the nation, with the WEF supporting and enhancing the establishment of these woodlands.

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Panama Teak Investment

Green Belt’s investment objective is to acquire c.2,400 hectares of forestry land in Panama and to develop teak plantations over the next 5 years, targeting compounded returns of 7%-8% per annum. Find out more.

Forestry Acquisition Consolidation & Timber (FACT)

Green Belt’s FACT initiative will create clusters of semi-mature forestry in nationally strategic locations to service end markets including sawmills and biomass facilities. FACT will enhance the value of smaller forestry plantations under one owner while delivering tax free returns to investors. Find out more


Forestry Grants for New Planting

Forestry Establishment Grant & Premiums

Forestry establishment is covered by a full, exchequer backed grant. This is to encourage further planting nationally to increase the national cover from below 11% to 18%.

Find out more.

Native Woodland Scheme

Native Woodland Establishment (as represented by Grant & Premium Categories (GPCs) 9 and 10 under the Afforestation Grant & Premium Scheme)funds the establishment of new native woodland on open ‘greenfield’ sites.

Find out more.

PDF icon nativewoodlandestablishmentscheme.pdf

Agroforestry

This measure will be targeted at silvopastoral agro-forestry systems which combine forestry and pasture. A stocking rate of 400 - 1000 trees per hectare (equal spacing) is acceptable and the minimum eligible plot size will be 0.50ha and tree-to-tree width of 20 metres.

Find out more.

Forestry for Fibre

This scheme is introduced to provide further supply to the biomass market. Species such as Poplar is promoted and is required to be grown for at least 10 years. Poplar enjoys 15 years of premiums at €510 per hectare.

Find out more.

Green Belt Services for New Forest Plantations

Forestry Management Plan

Green Belt has developed a Four Year Forestry Management Contract which is specifically designed for farmers. The company will undertake to establish a forest for the farmer utilising the grant paid by the Forest Service.

Read more about this service.
Site Preparation

Once the objectives of the new forest have been considered and species to be planted selected, it is time to begin the practical side of the site development.

Read more about this service.
Panama Teak Investment Panama Teak Investment

Green Belt is returning to Panama following a successful sale of its AUM in 2013. The target is to acquire over 5 years, plant and manage 2,400 hectares of Teak and seek an exit after 10 years. Returns are forecast as 7% - 8% compounded per annum.

Read more about this service.
Planting

After the initial ground preparation and site development it is possible to proceed with the planting of the site.

Read more about this service.

Get in touch with a Local Green Belt Advisor

Our network of professional foresters located nationally are perfectly placed to source opportunities suitable for you and to manage your investment through to clearfell and beyond.