Woodland Carbon Guarantee
Guaranteed income for delivery of verified Woodland Carbon Units in England over the next 30 years.
On 4 November, the Government in England launched the Woodland Carbon Guarantee which will support woodland creation in England by spending £50m over 30 years to purchase Woodland Carbon Units.
This is a great opportunity for landowners considering creating woodland in England over the next few years. Successful applicants will benefit from a guaranteed income upon delivery of verified Woodland Carbon Units every 5 or 10 years up to 2055/56. The price will be agreed through an auction. Accessing the guarantee will require the woodland to be validated and verified to the Woodland Carbon Code.
The first auction was held January/Febrary 2020 and further information on the first auction will be made public soon.
Dates of the second auction later in 2020 will also be released soon. You can start your application by registering with the Woodland Carbon Code and see the Woodland Carbon Guarantee pages to find out how to apply to the guarantee and enter the second auction.
Note that you can apply to sell Woodland Carbon Units to government alongside applying for grant (for example the Countryside Stewardship, Woodland Carbon Fund or HS2 Woodland Fund) provided the agreement was signed after 29 October 2018 and you haven't yet started to plant your woodland.
You also need to meet all the eligiblity criteria of the Woodland Carbon Code, including additionality.