The Woodland Carbon Fund, designed to provide capital funding for the creation of new, productive woodland has been updated to include both a second stage payment and funding for forest roads and tracks. This sits alongside the recent improvements made to the Fund of a reduction in the minimum threshold from 30ha down to 10ha and the ability to retain BPS payments (subject to eligibility criteria).
The following payment rates and caps apply;
• Standard Planting Rate – applies to most proposals unless in “priority places” (see below). Provides 80% of the standard costs of capital items for planting and protecting new woodland, capped at £6,800 per ha;
• Priority Places Planting Rate – applies to proposals in peri-urban areas that also allow permissive access to the public on foot. Provides 100% of the standard costs of capital items for planting and protecting new woodland, capped at £8,500 per ha;
• One off second stage payment in year 5 of £1000 per hectare (gross including up to 20% open space) for successful establishment of the newly planted woodland;
• Funding for recreational infrastructure such as footpaths at 80% of actual costs, capped at 10% of the total of an individual application;
• Funding for forest roads and tracks to support improved access for establishment, maintenance and future harvesting paid at 40% of actual costs.