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Statement on Sustainable Economic Growth 2024

Last updated :25 Sep 2025

Topic: About

A Statement on Sustainable Economic Growth for 2023 - 2024 touching on the Forestry Grant Scheme and new woodland creation.

Summary

There is increasing interest in the Forestry Grant Scheme (FGS) with over 14,000 hectares of woodland creation schemes approved during the year, for current and future years.

  • around 50% (7,045ha) of FGS supported woodland creation in 2023-24 was planted as productive woodland specifically aimed at growing sustainable timber
  • 50% (7,078ha) of FGS supported woodland was planted with native trees

This activity makes a significant contribution to the rural economy, with the forestry sector as a whole:

  • supporting over 25,000 jobs
  • producing over £1 billion of Gross Value Added

Statement on Sustainable Economic Growth 2024

DOCX | (426.13 KB )

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