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

The number of trees being planted by farmers has declined sharply in recent years. Picture: Getty

The rise in overseas investors buying up Irish forestry land has caused a growing opposition to the idea of planting trees among farmers, politicians will hear tomorrow.

The Irish Farmers’ Association (IFA) will tell the Oireachtas agriculture committee that rural communities are watching “land being bought up by invisible investors”, and that there are minimal benefits to local communities from the strategy of raising millions in private capital to fund forestry initiatives.

The IFA will ...