Forestry incentive covers full initial planting costs
Forestry development officer Liam Kelly explained that the current incentives available to encourage private landowners include a grant and an annual forest premium payment.
“The grant includes a payment system that usually covers the full cost of planting and establishing a young plantation. The grant is paid in two instalments, approximately three quarters in year one after planting and the balance is paid two years later, upon successful establishment of the young forest. The grant rate is determined by the type of ground and species being planted.