The Deputy will be aware that my Department has recently secured funding of €1.3 billion for the Forestry programme 2023-2027. This will support the biggest and best-funded Forestry Programme to date in Ireland and provides unprecedented incentives to encourage the planting of trees that can provide a valuable addition to farm income and also to help meet our national climate and biodiversity objectives.
The draft Forest Strategy and Forest Strategy Implementation Plan which includes the next Forestry Programme measures are subject to an ongoing 6-week public consultation process which concludes on the 29th of November. Details of all proposed measures and Schemes for the next Programme are included without payment rates and stakeholders and interested parties these and may submit their feedback.
We have announced proposed afforestation rates with increases in premiums for planting trees which range from between 46% to 66% along with a longer term of 20 years for farmers. I intend to announce details of the proposed new payment rates for other measures imminently. The Programme is subject to state aid approval from the European Commission and the Department is actively engaging with the Commission to progress towards approval.