Factsheet: Act on Financing of Sustainable Forestry

Act on Financing of Sustainable Forestry

Key Information
Full name of Instrument & Measure (English): 
Act on the Financing of Sustainable Forestry
Full name of Instrument & Measure (native language): 
Kestävän metsätalouden rahoituslaki
Description: 
Financing from the annual appropriations included in the State budget in the form of aid and loan shall be allocated for measures which promote the sustainable management and use of forests in accordance with the Forest Act (1093/1996) as provided in this Act. The measures referred to in subsection 1 above are: 1) ensuring the sustainability of timber production; 2) maintaining the biological diversity of forests; 3) forest ecosystem management projects; and 4) other measures in support of the activities referred to in subsections 1-3. Support was 7€/m3 solid and per hectare and during 2012-2014 about 1.5-1.9 million m3 was annually harvested.
Goal/Aim: 
Stimulate sustainable forest management.

Sector/Topic targeted:

Responsible Authority: 
Ministry of Agriculture and Forestry

Status:

Year Instrument & Measure Started: 
1997
Year Last Instrument & Measure was last Amended: 
2007
Year Instrument & Measure Ended: 
2015