The previous programme, which expired at the end of 2022, will be replaced by the ambitious €1.3 billion forestry programme, which will run from 2023 to 2027 and attempts to counteract a sharp decline in tree planting rates.

By the end of 2027, the initiative hopes to increase Ireland's forest cover from 11.6 percent now to 18 percent by planting 8,000 hectares of new, diversified, multipurpose, and climate-resilient forests per year.

The help will be provided through direct grants under the programme, and it will cover up to 100% of the expenditures that qualify. For farmers, premiums for planting trees would be extended to 20 years and raised by 46 to 66 percent.

The plan is required and suitable, according to the Commission, to assist afforestation in Ireland.

The socio-economic foundation of rural regions will be strengthened, and environmental protection, including biodiversity and climate action, will be strengthened. This will help the EU achieve its environmental and climate-related goals.