Veröffentlichungsdatum: 16 Oktober 2015
Projektträger – zwischengeschaltetes Finanzinstitut
IRISH SUSTAINABLE FOREST FUND (NCFF)
Investment fund targeting forestry assets in Ireland
The fund will invest in forest assets in Ireland with the aim of transforming clearfell plantations to more sustainable continuous cover forestry. This will also involve the introduction of native broadleaf species in what today are monoculture forests of Sitka spruce. This will be supplemented by afforestation on new land when the opportunity is available.
- Landwirtschaft, Fischerei, Forstwirtschaft - Land- und Forstwirtschaft, Fischerei
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 12 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 50 million
The project will contribute to an increase in biodiversity where native broadleaf trees are introduced and as a result of managing forests under the continuous cover forestry management system.
The fund's investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the fund are in line with the provisions of the EU Procurement Directive. Details will be verified during appraisal.
Unterzeichnet - 28/03/2018
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).