The Department of Agriculture, Food and the Marine has begun issuing payments to forest owners who applied via www.agfood.ie. A total of €111.6m, including a capital carryover, will issue in 2017.
Agriculture Minister of State, Andrew Doyle, said: “We will continue to process online applications for 2017 forest premiums as they are received, with payments being issued on a weekly basis.
"I encourage forest owners to avail of the online facility due to the obvious benefits for them in terms of early premium payment.”
The Afforestation Grant & Premium Scheme covers the cost of establishing the forest plantation and the scheme also provides for payment of annual forestry premium of up to €635 per hectare for 15 years.