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Evaluations of programmes, appraisals of policy options and studies looking at policy instruments can be found here. 

Feasibility study into new financial mechanisms for forestry, June 2017

This report explores the use of innovative financial mechanisms to finance forestry projects and their associated benefits. It summarises existing and traditional forms of finance for forestry, considers lessons from the development of the social finance sector in recent years, and examines the potential for the use of community funded schemes, environmental impact bonds and collaborative and partnership investment models.

Woodland Benefits Tool      Guide to the Woodland Benefits Tool 

Dec 2016 

The Woodland Benefits Tool has been designed to help investors in new woodland to assess the social, environmental, and economic benefits that their investment. Through the use of the tool and its reporting output, investors in woodland creation will be able to better understand and communicate the value of their investments. The Tool can be used for any woodland creation project, including those under the Woodland Carbon Code

Piloting the Measurement of Social and Environmental Returns from Woodland Creation     February 2014  
This research report summarises the development of the Woodland Benefits Tool.

Future Options for Forest Carbon Markets in Scotland and the UK
May 2013
This report, carried out by ClimateXchange, identifies future options for the operation of carbon markets in the UK which could recognise the potential carbon contribution of UK forests. The report reviews current mechanisms for administering the flow of carbon credits, details options for the development of future carbon markets and highlights barriers to those options.

Future Funding for Woodland Creation 
May 2011
This study was carried out for the Woodland Carbon Task Force which aims to put conditions in place to enable higher levels of woodland creation. The reprot reviews existing finance available for woodland creation and scopes a range of possible new approaches to funding woodland.

Scoping Study to Review Forestry Policy Instruments in the UK
October 2008
This report was submitted by Pareto Consulting.  It gives a brief review of the use of taxation in forestry policy focusing on how its relevance to environmental objectives might be improved.  It also offers an overview of payments for ecosystem services and suggests an approach to assessing the current mix of forestry policy instruments in terms of their individual and collective effectiveness.

Evaluation of the South West Forest and Future Forests
An evaluation of the South West Forest and Forest Futures programmes which assesses the economic and rural development effects of these programmes on the local economies.

Review of Evidence for the Formulation of Forestry Policy in England
October 2005 
This report reviews the existing research on the valuation of forestry with the aim of ensuring that forestry policy in England is based upon the best possible evidence. The study also considers the cost-effectiveness of delivering non-market benefits through forest policy.

Dendroctonus Micans (Great Spruce Bark Beetle): Economic Appraisal of Control Options
June 2004
This report presents a cost effectiveness analysis of options to control the effects of the Great Spruce Bark Beetle, or Dendroctonus micans, on spruce forests in Great Britain.

Economic Analysis of Forestry Policy in England (DEFRA Website)
April 2003
This study analyses the economic rationale for government intervention in forestry and assesses the costs and benefits from such intervention in England, in order to assess the appropriate roles of the public and private sectors and any changes that may be required in strategic delivery mechanisms.  It was carried out by CJC Consulting for DEFRA and HM Treasury and completed in April 2003.  The publication includes copies of 13 papers provided as an evidence base for the study. 

Last updated: 26th January 2018