Common use of Background and purpose of the Grant Clause in Contracts

Background and purpose of the Grant. 1.1. Trees are one of the simplest, most cost-effective means of capturing and locking up carbon and have a key role to play in delivering the carbon targets for the land use sector, but current tree planting rates are insufficient to achieve the level of contribution needed from these nature-based solutions. As a result, the Government have committed to increase tree planting across the UK to 30,000 hectares per year by 2025 to contribute towards achieving the UK’s status as carbon Net Zero by 2050. This commitment also provides an opportunity to support nature recovery to help address the biodiversity crisis, with the 25 Year Environment Plan noting that trees are integral to nature recovery at a landscape level. This grant, the England Woodland Creation Offer (EWCO), will support woodland creation to meet these goals and be a key contributor to achieving the target of increasing annual planting rates in England by 2025.

Appears in 9 contracts

Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk, assets.publishing.service.gov.uk

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.