£50m committed

Scottish National Investment Bank backs forestry fund

Forestry

Forestry offers returns and sustainable credentials

The Scottish National Investment Bank has committed £50 million over five years to new woodland and forestry management in Scotland.

As a cornerstone investor of the Gresham House Forest Growth & Sustainability Fund, the bank will use its capital to support wide-scale planting and is predicted to capture 1.2 million tonnes of CO2 over 20 years.

The fund will target stable returns through the sale of timber and the capital growth of land and trees. 

Any trees harvested will be replanted and the timber products generated will enable the provision of raw materials for more sustainable packaging and building materials.

The fund will aim to generate carbon credits in the form of Woodland Carbon Units (WCU) which will create additional value or be used to offset carbon emissions on a voluntary basis.

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