The Woodland Carbon Code is the quality assurance standard for woodland creation projects in the UK. It generates carbon units based on independent validation and verification of woodland carbon projects. The scheme is backed by the UK Government, carbon market experts and the forest industry. It is also internationally recognised and endorsed by ICROA (International Carbon Reduction & Offset Alliance) for high standards of sustainable forest and carbon management.
The code offers the opportunity for you to sell your carbon sequestered in your woodland to companies that wish to offset their UK carbon emissions.
Through the Woodland Carbon Guarantee, you also have the option to sell your UK based carbon units directly to the Government. This is done via an auction and can provide a guaranteed price per tonne of carbon every 5/10 years up to 2055/56, therefore, offering a long term income. Woodland still needs to be independently verified and validated through the Woodland Carbon Code. Landowners can sell their carbon units on the open market if the timing is preferable to that offered via the Government scheme.
For more information and prices achieved in previous auctions:
https://www.woodlandcarboncode.org.uk/
Payments received from such schemes can be used as a top-up to many other support interventions but not all.