The scheme is managed by the Forest Canopy Foundation (FCF) who source and manage the funding. All woodland creation projects are then verified by Grown in Britain (GiB) against their woodland creation standard.
Projects are funded through a combination of government grants, corporate investments and philanthropic donations. All planting projects will be maintained for at least 25 years to the GiB standard.
- The current cost to a landowner for converting agricultural land to woodland is approximately £24,000 per hectare (example of Grade 2 Arable land), composed of tree planting costs, income loss and reduction in land value based on historic data.
- Landowners who offer land to the FCF will be compensated to avoid the usual financial damages incurred by woodland creation.
- FCF has already allocated land for conversion and proposes to run a pilot across approximately ten schemes with a total investment of £12.15 million within the next 12 months. This will increase significantly in the future to contribute to the overall government target of planting 30,000 hectares of woodland per annum.