The SLM Silva Fund will acquire existing forest plantations in Ireland. The fund will transition forestry plantations from a conventional management regime based on clear-felling to a sustainable form of forest management known as Continuous Cover Forestry (CCF) or ‘close to nature’ forestry. Under CCF, forest cover and woodland conditions are maintained permanently. Trees are felled individually or in small groups every few years, making way for natural regeneration. The increment in growth is removed as ‘income’, preserving the ‘capital’ of the standing forest. By implementing this strategy, the fund will seek to deliver market-rate financial returns for investors, while generating positive environmental benefits in Ireland.
- Fund size
- 50m
- Fund Type
- Environmental funds
- Geography
- Europe
- Region
- Europe
- Sector(s)
- Agriculture
- Vintage year
- 2018
- EIB commitment
- EUR 7.3m
- Website
- http://slmpartners.com/activities/slmsilva