KBI Global Investors and the Woodland Environmental Fund

KBI Global Investors & the Woodland Environmental Fund

Dec. 6, 2019

KBI Global Investors co-fund the establishment of a Native Woodland in County Roscommon.

Green Belt established the plantation under the Woodland Environmental Fund (WEF) and are delighted to help promote the recognition of the benefits and ecosystem services provided by native plantations.

The WEF is designed to promote and encourage the establishment of native woodlands across Ireland. The landowner applies with Green Belt to the Forest service and once approved, a company such as KBIGI can enhance the premium paid with a once off payment of €1,000 per hectare to the forest owner.

This is a win-win-win for all stakeholders, including those pushing for more native woodlands nationally. The land remains the property of the individual who plants it; numerous rural jobs are sustained through further planting and there is increased diversity across the landscape as well as protection for watercourses and so on. And, of course, we can't forget the Carbon Capture element - an area Ireland is lagging far behind its annual targets.

Congrats to KBIGI for funding a meaningful measure that will enhance our environment and create new and invaluable habitats.

Click on thew names if you wish to speak with John O'Reily, Green Belt CEO who coordinates the scheme with the partners, or John Paul Fahy, the regional forester who established the plantation.