Using the voluntary carbon offset market to fund native woodland creation

UPM Tilhill is a private forest industry company which creates new woodland throughout the UK. The company identified an opportunity to plant a new native woodland which would provide a link between semi-natural habitats around Loch Ken and substantial forestry plantations, offering environmental benefits.

Although financial support was available from the Forestry Commission, the state forest organization, the level of funding was not sufficient to enable such a project to proceed. So UPM Tilhill approached Forest Carbon, a broker in the voluntary carbon offset (VCO) market, to investigate the potential for top-up funding.

Forest Carbon confirmed that the proposed project met their criteria. They offered funding from one of their clients, a car insurance company that offers to offset its customers’ vehicle emissions. 



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