| Project Detail |
The project consists of investments in about 2,200 hectares of forests in Romania aimed at enhancing the forest management regime towards closer to nature practices, natural regeneration and enhanced ecologic and biodiversity conditions. The project targets achievement of fully certified forestry assets by implementing sustainable forest management (SFM) principles.
Objectives
Investments target the natural regeneration and optimiaation of forest ecosystems in Romania, specifically respecting original growing and ecological environments. The forests will be converted to management under FSC certification and Continuous Cover Forestry principles to increase biodiversity and forest resilience to climate change. Forest operations will have a strong focus on ensuring forest protection and conservation of the forest ecosystems, including special attention to preserving soils such as avoiding interventions during excessively wet conditions and utilising light machinery, even animal traction. Brush clearing will be carried out manually and selectively, leaving native vegetation. Forest health will be subject to intensive monitoring and any stands with pest infestations such as bark beetle will be cleared and regenerated. The Promoter will also invest in infrastructure to make the forests accessible to wildlife observation, education and recreation.
Sector(s)
Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
EUR 10 million
Total cost (Approximate amount)
EUR 13 million |
