Environmental rules hindering forest planting, warn industry figures
Problem threatens €1.3bn Government plan, says forestry industry
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Problem threatens €1.3bn Government plan, says forestry industry
March 4, 2021 9:11 am A new forestry investment platform named Family Tree Impact Investments (FTI) has launched plans to deploy €50 million over the next three years. The FTI platform, operated by sustainable forestry manager firm NewGen Forestry, will acquire forestry harvesting rights from existing plantation owners, both farmers or private forest owners. FTI and NewGen Forestry have secured backing from institutional investors and private offices, targeting the acquisition of harvesting rights of 2,000ha of land in its first year of operations, with plans to build a minimum portfolio o...