The Woodland Carbon Guarantee (WCaG) is a £50 million Forestry Commission scheme that was established to accelerate woodland planting rates and develop the domestic market for woodland carbon for the permanent removal of carbon dioxide from the atmosphere.
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Announced at the end of May, the next WCaG auction will take place online between 26 July and 1 August. Applicants are encouraged to submit by Sunday 9 July. Before applying for the Guarantee, land managers will need to have registered with the Woodland Carbon Code, which provides the tools and information required to forecast and verify the carbon they are capturing and can sell in future.