Dáil Éireann Debate, Wednesday - 13 May 2020
928. Deputy Bernard J. Durkan asked the Minister for Agriculture, Food and the Marine the estimated cost of extending the forestry scheme payment period from 15 to 30 years; and if he will make a statement on the matter. [4920/20]
View answerThe estimated cost of introducing a 15 year extension to forestry premium payments would be €8m per 1,000 ha's. This assumes an average premium rate of €533 /ha across the various Grant Planting Categories (GPC). The final amount would obviously be influenced by the take-up of the individual GPCs.
The estimated cost of extending the premium under the current Forestry Programme 2014- 2020 from 15 to 30 years would have been €271 million.
