IRISH SUSTAINABLE FOREST FUND (NCFF)

Promoteur – Intermédiaire Financier

SLM Partners LLP

Lieu

• Irlande

Description

Investment fund targeting forestry assets in Ireland

Objectifs

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.

Secteur(s)

• Agriculture, pêche, sylviculture - Agriculture, sylviculture et pêche

Montant BEI envisagé (montant approximatif)

EUR 12 million

Coût total (montant approximatif)

EUR 50 million

Aspects environnementaux

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.

Passation des marchés

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.

Statut

Signé - 28/03/2018