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Forestry

Legal

Investors ‘follow money trail’ at troubled forestry firm GWD

Dublin company that raised €30m for plantations in Brazil and Canada is facing liquidation calls over link with another firm, WFS, which is being investigated for fraud
  • Catherine Sanz
  • February 27, 2023
Agriculture

Farmers cold on forestry due to rise of ‘invisible investors’ buying up land, industry warns

Irish Farmers’ Association to claim strategy of courting private capital for forestry is counterproductive as it is causing farmers and rural communities to oppose afforestation
  • Donal MacNamee
  • February 21, 2023
Legal

Creditors of €30m forestry firm query appointment of liquidators

Investors concerned after claim made that director who chose to wind up GWD Forestry investment company was wrongly stated to be a shareholder
  • Catherine Sanz
  • January 30, 2023
Climate & Environment

Coillte deal with British pension fund ‘the tip of the iceberg’

The newly created Irish Strategic Forestry Fund to be managed by Coillte has an initial portfolio of 30,000 acres of forestry land, but rural TDs warn it will expand significantly, driving up prices for agricultural and forestry land
  • Michael Brennan
  • January 7, 2023
Climate & Environment

Warning as Coillte seeks funds to buy up farmland for large-scale tree planting

Investors would be able to claim forestry grants in exchange for €2 billion backing for agency to reach 100,000-hectare target
  • Michael Brennan
  • December 20, 2022
Climate & Environment

Stakes are high as €1.3bn strategy aims to grow forestry farming

The government’s new €1.3 billion forestry programme, unveiled last week, will need to win over a farming community largely uninterested in tree planting – and mistrustful of the state’s forestry service
  • Michael Brennan
  • November 12, 2022
Climate & Environment

Here come the rainforests again: €12m project aims for ambitious restoration

A West Clare environmental group is working with local communities and landowners to encourage the reintroduction of native woodland
  • Lorcan Allen
  • November 5, 2022

Coillte aims to grow 100,000 hectares of new forest by 2050

The State body announced a new €2bn forestry strategic vision today
  • Lorcan Allen
  • April 21, 2022

State may fail to issue planned 4,500 forestry licences this year

Department of Agriculture says it might fail to hit key target after ‘unfortunate but unavoidable’ slowdown over summer months
  • Donal MacNamee
  • September 14, 2021

Forestry licence appeals continue despite new €200 fee

Two high-profile objectors are still lodging petitions against the granting of licences on environmental grounds causing concern of further delays among the forestry industry
  • Michael Brennan
  • September 12, 2021

Oireachtas to grill civil servants over ‘dismal’ rate of forestry licence processing

There was an average of just 46 forestry licences issued per week during the month of July, and an average of 44 a week during August
  • Michael Brennan
  • September 5, 2021

Timber prices being pushed up by big backlog in tree-felling licences

Shortage is so acute that the price hike is being estimated to add €7,100 to cost of typical house
  • Michael Brennan
  • May 30, 2021

Deal with ESB could result in data centres on Coillte land

The joint venture between the two commercial semi-states aims to develop 1GW of renewable wind energy on Coillte-owned land by 2030, which will require a capital investment of €1 billion.
  • Lorcan Allen
  • May 2, 2021

Auction platform for forests aims to put €6m in assets on block in coming weeks

Forestry software company Treemetrics joins forces with MartEye to develop Forest Bidder, where owners can estimate the value of their plots
  • Rosanna Cooney
  • April 18, 2021

Making It Work: Forestry data firm branches into mobile technology

Treemetrics has joined forces with a Swedish app maker to launch a tool which will allow forest owners carry out their own valuations
  • Elaine O'Regan
  • April 9, 2021

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