Land plans spark privatisation rumours
DEFRA would not comment on the privatisation rumours, saying only that details of the government’s strategic approach to forestry would be set out later in the autumn. “We will ensure our forests continue to play a full role in our efforts to combat climate change, protect the environment, enhance biodiversity and provide green space for access and recreation, alongside seeking opportunities to support modernisation and growth in the forestry sector,”said a spokesman. The Forestry Commission is England’s largest producer of timber and manages more than 250,000ha of land with 100m-plus visits a year by members of the public. Privatisation plans mooted in the past have met huge opposition from environmental and other lobbies. “Forestry Commission land would appeal to investors,” said Catherine Penman, head of research at Carter Jonas. “Forestry has outperformed commercial and residential property and performed in line with rural property investment. It is a good hedge against inflation and has proved a safe haven for investors in times of economic uncertainty. It also has significant tax advantages.” The activities of Forestry Commission Wales are under review as part of a wider review of environmental delivery bodies. Rural Affairs Minister Elin Jones said that recent media reports suggesting that Welsh forests would be among those to be sold off were unhelpful, misleading and without foundation. Meanwhile, Scottish environment minister Roseanna Cunningham said that there was no review of Forestry Commission Scotland.
Plans for England’s 250,000ha of Forestry Commission land are due to be announced within weeks, prompting speculation that large areas may be sold off.